Blue Springs limits pay day loan shops and tobacco shops. Barring a populace growth, Blue Springs could well have less loan that is short-term and tobacco stores as time goes by.

Saturday

Barring a populace growth, Blue Springs could well have less loan that is short-term and tobacco stores as time goes on.

The town Council has voted to cap the amount of short-term loan stores, commonly called pay day loan stores, also as “tobacconists” – that is, organizations that mainly sell tobacco services and products, including e-cigarettes.

Especially, the town allows one for every single 12,000 residents. Using the population that is current about 55,000, that amounts to four organizations each.

Current companies are grandfathered in, due to the fact town presently has nine pay day loan stores and five tobacco stores. Previously, the populace limitations was in fact one for almost any 4,500 for cash advance stores and each 8,000 for tobacco stores. (more…)