Houston Could Become Fifth Significant Texas City to Crack Down on Pay Day Loans

Houston Could Become Fifth Significant Texas City to Crack Down on Pay Day Loans

In a rebuke towards the do-nothing Texas Legislature, Houston took a action toward becoming the 5th major Texas town to pass payday and loan that is auto-title. Houston Mayor Annise Parker outlined her proposition week that is last announced that she’dn’t dilute the proposed ordinance according to industry needs.

“I had at first favored a Houston-specific measure, but decided that joining with other Texas metropolitan areas in a united front side on this problem is the greatest method to deliver a solid message towards the Texas Legislature,” she said. Continue reading “Houston Could Become Fifth Significant Texas City to Crack Down on Pay Day Loans”