Group Warns Of Debtors’ Prison Tactics Among Texas Payday Lenders

Group Warns Of Debtors’ Prison Tactics Among Texas Payday Lenders

A report that is new the nonprofit Texas Appleseed discovers that payday loan providers within the Lone celebrity State have actually filed at the very least 1,500 unlawful complaints against borrowers. Picture: Thomas Samson/AFP/Getty Photos

Throughout the breaks, customer advocates stress that cash-strapped borrowers will seek out payday loan providers and dig on their own into financial obligation with high-interest loans. Continue reading “Group Warns Of Debtors’ Prison Tactics Among Texas Payday Lenders”