Dallas Business Journal: Texas Payday Loan Regulations May Not Pass Muster this Session

May 8, 2015

Texas lawmakers may miss another chance to regulate payday lending in the state despite efforts from lawmakers in both parties in both chambers.

Former Speaker of the House Rep. Tom Craddick, R-Midland, for years has been one of the biggest proponents of new regulations for the payday industry. Those types of businesses — including industry heavyweight EZCorp Inc. of Austin — are expected to flourish due to the tough times that have fallen on the energy industry.

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