State Regulators Issue a Warning to Rogue Payday Loan Shops
Following the Observer’s reporting on a Texas payday lender’s scheme to circumvent state and local rules meant to protect consumers, state regulators issued a stern warning last week.
Following the Observer’s reporting on a Texas payday lender’s scheme to circumvent state and local rules meant to protect consumers, state regulators issued a stern warning last week.
After we published my story on how a major Texas-based payday loan chain, the Cash Store, has found a way around new state and [...]
As serendipity would have it, I had stumbled onto the latest mutant creature in the wild and wooly world of Texas payday lending. “What you’ve come across is really important,” said Ann Baddour of Texas Appleseed. “It looks like they have found a loophole within a loophole.”