Tear out your lawn, get more free cash. LADWP ups rebates for customers in the spring but only for residents of low-income rental apartment buildings (or for families with incomes below $34,850). “If the renter doesn’t live, they have to live somewhere else,” said Mike Zagurski, public information officer for the Los Angeles Department of Water & Power.
A single mother said she plans to buy a gun, but she can’t afford to take out a loan.
A woman in Los Angeles’s Venice neighborhood had no choice but to take out a $1,500 loan to buy a handgun last month, a new report says.
Lenders have stepped in after her lender, Wells Fargo, put her in default for months without her knowledge, The Times reported.
Wells Fargo confirmed the incident, stating that the bank is “always in contact with customers when there are issues with their mortgages. We take all customer issues seriously and will work with them directly. The individual being contacted for assistance will be notified via phone and email of the efforts being made by the team to resolve the issue.”
Some states have passed laws making it harder for some gun buyers to get loans.
In Arkansas, the state legislature is considering a measure that would increase the requirements for gun buyers getting loans, Bloomberg reports:
The proposed law would require prospective buyers to get background checks from three separate state-run databases. They would be required to undergo criminal history checks, and they would have to show both a passport and their state’s permit or license to carry a gun.
Lenders would be required to notify people that they are in default if they have not paid back for mortgage periods after six months, Bloomberg wrote.
In Virginia, a bill would require lenders to take action after seven months if they have not paid back on a loan.
A law was proposed that would require lenders to notify the borrower when they are in default on a loan.
Legislators are considering some of these bills because the issue of gun violence is of growing concern across the nation, according to