Last week, Democrats killed a bill that advocates say would have built up the ability of an important state agency to regulate consumer loans.
Tag Archives: predatory lending
New research released this morning by Texas Appleseed shows that criminal charges against payday borrowers for missing payments is common in Texas, despite a ban on the practice.
Not content to employ an army of former lawmakers and staffers, payday lenders are upset that
“special interests” are saying mean things about them.
Mayor Annise Parker took a step toward making Houston the fifth major Texas city to pass restrictions on payday loans.