Tag Archives: payday lending
Payday lenders in Texas have sued to block federal rules that advocates say are desperately needed to protect borrowers in a state that has failed to regulate the industry.
Texas is often called the “Wild West” of predatory lending, an anything-goes wonderland where payday and auto title loan businesses can charge low-income pe...Read More
An appeals court derailed a class action lawsuit aimed at keeping payday lenders from using the criminal justice system to file charges against debtors.
An appeals court in San Antonio derailed a class action lawsuit aimed at keeping payday lenders from using the criminal justice system to file charges against d...Read More
Ending predatory lending is a 'big jigsaw with a lot of pieces,' but one model, developed in the Valley, may solve part of the puzzle.
Commercial payday loans can carry interest rates in excess of 400 percent and must be repaid within months or weeks, often causing financially troubled customer...Read More
Last week, Democrats killed a bill that advocates say would have built up the ability of an important state agency to regulate consumer loans....Read More