Meaningful State Regulation of Payday and Auto Title Lending Needed Now
Texas Appleseed is urging passage of legislation in the 83rd Session to meaningfully reduce the high cost of payday and auto title loans for Texas working families -- and to end predatory lending practices that trap too many Texas borrower in a cycle of debt.
Misbehavior that in another era might have resulted in a trip to the principal's office now leads to fines, citations, even criminal records in some cases in Texas.