The Memphis City Council is thinking about hearing more info on Memphis, Light, petrol and Water's use of ACE Cash Express to gather millions in bills over the past 3 years.
The town Council is planned to go over MLGW's usage of pay channels such as for example ACE during its MLGW committee hearing Tuesday. The hearing comes following the Commercial Appeal reported a week ago that the city-owned energy had gathered $22 million from 30 ACE places across Shelby County.
The parent company of ACE Cash Express, Populus Financial Group, objected to the National Consumer Law Center asserting the company is in the bill payment business as a means of driving traffic to its stores in response to the same article.
"ACE has been doing company for over 50 years and had been processing bill re re re payments a long time before we ever produced short-term loan. Centered on our experience, bill pay clients and short-term loan clients are a couple of split client teams with just minimal crossover," Populus stated in a declaration.
"Utility clients need options that are multiple pay their bills. Depriving them of a convenient and choice that is economical perhaps maybe maybe not provide the customer. . The nationwide customer Law Center is once once again making claims which can be more innuendo than reality based," Populus stated. Continue reading