El Paso Times: Payday-lending official: Borrowers responsible for their decisions

December 29, 2013

The official who oversees Texas’ consumer watchdog says payday-loan customers — not the lenders — are responsible when the loans trap them in a cycle of debt.

William J. White says it’s out of line to even question an industry that has had its practices called exploitative by many critics, including the Catholic Church.

Read more here.