Group Warns Of Debtors’ Prison Tactics Among Texas Payday Lenders

Group Warns Of Debtors’ Prison Tactics Among Texas Payday Lenders

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

Through the vacations, customer advocates stress that cash-strapped borrowers will seek out payday loan providers and dig by themselves into financial obligation with high-interest loans. more “Group Warns Of Debtors’ Prison Tactics Among Texas Payday Lenders”