City Eases Title Loan Location Requirements

October 23, 2011
car title lending news

Following a recent change to a city law, title loan companies in Riverdale, Utah, no longer have to fret over the distance between their establishments and neighboring residential areas. Local authorities unanimously approved permitting title loan companies as a conditional use in C3 commercial zoning areas and removing any reference to measurements from residential zones. Payday lenders and check-cashing businesses, along with banks and credit unions, are also listed as permitted uses in the same ordinance within a financial institution category. The change means that such establishments are no longer required to set up shop at least 500 feet from any residential zone or dwelling use.
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