TX Payday Loans Article

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TX Payday Loans

As the Texas Legislature continues to debate regulating payday loans, the federal Consumer Finance Protection Bureau issued initial data findings that may become the underpinning of federal regulations. The bottom line: The CFPB recognizes that demand ...

As Lege consider payday regulation, feds may weigh in

When the Center for Responsible Lending released its latest report on payday loans, one statistic jumped out at me: More than 25 percent of bank payday loan borrowers are Social Security recipients. This is the latest in a series of studies showing that ...

Seniors turning to payday loans

The Senate sponsor of a bill regulating payday loans agreed to delay his proposal, but not before suggesting that some fellow lawmakers were acting as “shills” for the short-term credit industry. Sen. John Carona, R-Dallas, said he negotiated all night ...

Payday loan debate postponed after heated argument

(EMAILWIRE.COM, April 27, 2013 ) Dallas, TX -- For many people getting the much needed cash in a Jiffy is like a dream. CashLoansCorner.com has worked to make this dream come true for many and that too in a hassle free way. It has designed a procedure ...

Changing Impossible Into A Possibility – Fast Payday Loans From CashLoansCorner.com

the Texas Senate Monday passed a bill regulating payday and auto-title loans with limits on refinance fees that could save Texas consumers up to $221 million a year. Sen. John Carona, R-Dallas, acknowledged the bill doesn’t go as far as ordinances passed ...

Tough payday regulations pass the Texas Senate but “ugly baby” may die in House

Since the city’s new ordinance regulating payday and title lenders went into effect, area residents are reporting problems with their loans. Chris Fralia went Friday, April 19, to make a payment on his payday loan at Ace Cash Express on ...

Some firms redo loans

The term is ironic — a “payday” loan. Once an individual gets caught in the shark-like tactics of these establishments, they often find they don’t have much of a payday left. The Texas House Investments and Financial Services Committee ...

Editorial: Payday loans are predatory

A Houston woman recently contacted Texas Appleseed to share her payday loan experience: Although she works full-time, her paycheck barely meets her expenses. To cover an unexpected medical bill last December, she took out a $1,400 payday installment loan.

Commentary: State should regulate predatory loan practices

Why does the Standard only offer anecdotes of those who had bad experiences with payday lenders? Surely an unbiased reporter would have found good ones among the 3.6 million loans made in Texas last year. Pastor Chad Chaddick claimed, “… the market is ...

Letters: Payday loans & free will

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