Bills would undo towns and cities’ efforts to rein in payday loan providers, advocates warn

Bills would undo towns and cities’ efforts to rein in payday loan providers, advocates warn

many Texas towns really passed ordinances regulating payday and automobile name creditors which may be stricter than ongoing state and federal recommendations. Some state lawmakers are hoping to expel them.

In a large amount Texas areas that are metropolitan payday lenders face improved limits on the amount of they could cost borrowers.

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