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Uneasy Money: An Observer Panel On Reforming Texas’ Payday and Auto-Title Loan Industry

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A mere four days before the Texas Senate passed a reform bill that would ultimately shut down most of the payday and title lending stores in Texas, Texas Observer Staff Writer Forrest Wilder hosted a public panel on reforming Texas’ payday loan industry. Panelists included State Rep. Mike Villareal, Texas Appleseed Senior Policy Analyst Ann Baddour, Texas Impact Executive Director Bee Moorhead, Austin City Councilman Bill Spelman and Northeast Baptist Church Pastor Chad Chaddick.

If you missed the panel in person, you’re in luck. The video playlist above contains the entire panel including a Q&A session with those in attendance toward the end.

Jen Reel was an Observer intern before joining the staff in July 2010, first as Web Editor, and most recently as Multimedia Editor. She received a Masters in Journalism with a concentration in Photojournalism from the University of Texas at Austin, where she was co-chair for the student chapter of the National Press Photographers Association. She has worked in the non-profit sector for the Peruvian-American Medical Society and has been published in Utne Reader magazine, the Village Voice and Pitchfork Music.

  • Michael Brown

    I work in the payday and auto title loan industry – I am wondering why no members of the industry were invited to participate in this panel. Invite me next time! Michael Brown – CAB Consulting.

  • Cee Y

    @google-ea7c91747e4af6063c073742fcca708b:disqus industry representatives were invited, including the Paul Rothamel CEO of EZCorp after he wrote an editorial in the Austin American-Statesman in which he said “I welcome the opportunity to discuss our business with all parties interested in our customers.” Several other industry reps declined to participate. Responsible economic planning in Texas will need to include the voices of the business community. I hope you will work will citizens to create a more equitable lending environment in Texas.