Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
OGDEN, Utah (AP) -- Ogden is putting a cap on the number of check-cashing companies and payday and title lenders that can operate in the city.
An ordinance adopted by the City Council Tuesday limits the number of short-term lenders to 15.
Ogden has 21 of the lenders and they will be allowed to operate, but if some close, others will not be allowed to take their place.
The ordinance also prohibits short-term loan businesses within 660 feet of a pawnbroker or a sexually oriented business.
------
Information from: Standard-Examiner
(Copyright 2010 by The Associated Press. All Rights Reserved.)
