Let me make it clear about Bills would undo towns and cities’ efforts to rein in payday lenders, advocates warn

Let me make it clear about Bills would undo towns and cities’ efforts to rein in payday lenders, advocates warn

A large number of Texas towns and cities have actually passed ordinances payday that is regulating automobile name loan providers which are stricter than ongoing state and federal guidelines. Some state lawmakers are looking to eradicate them.

In lots of Texas metropolitan areas, payday lenders face improved limitations how much they could charge borrowers.