Payday loans widely condemned as predatory are still freely available in Texas — for a staggeringly steep price — even as a new state law will block cities from adopting new ordinances addressing the ...
Payday loan stores advertising “quick cash”, “no credit check” or “guaranteed approval” can be found on nearly every street corner in Texas with industry research finding more payday loan stores in ...
AUSTIN, Texas (AP) - The tales of woe are many from those who have lived from paycheck to paycheck only to fall into a cycle of taking one payday loan after another to make ends meet, and Texas ...
The U.S. Supreme Court will hear arguments Tuesday in a case from Texas that observers warn could have wide-ranging consequences for consumers and the companies that provide them financial services, ...
Gov. Rick Perry has two payday lending bills on his desk waiting to be signed. These bills are designed to protect consumers, but in reality, they do virtually nothing toward accomplishing this goal.
There are few legal enterprises in this country as despicable as the payday-loan and rent-to-own businesses. They share the same parasitic business model — one that achieves maximum profit potential ...
Ten years ago, the eighty-third Texas Legislature had a chance to prove it wasn’t hopelessly corrupted by even the sleaziest of industries. That year, lawmakers considered modest reforms to the payday ...
Behind on her bills and with few options, Krystyn McKnight walked into a Nacogdoches business and applied for a title loan. Seven months later, she had paid the lender more than $1,100 in interest and ...
AUSTIN - Taking aim at "the cycle of debt" that often entraps short-term borrowers, the Texas Senate Monday passed a bill regulating payday and auto-title loans with limits on refinance fees that ...
EZCorp Inc. could close a big chunk of its business if Texas legislators adopt stricter regulations on short-term payday loan activities in the upcoming legislative session, a fear the company ...
"Texas Appleseed was an integral partner in this case and in ensuring predatory lenders are held accountable," said Daniel, Rusty Hardin & Associates partner. The Houston-based firm Rusty Hardin & ...