Dallas Morning News: “Payday lenders trying to apply brakes to loan reform”

April 15, 2011

Excerpt: “A powerful lobby team is working overtime to keep the Texas Senate from voting on meaningful payday and auto title lending reform. Bottom line: The industry is refusing to back away from predatory 500 percent interest rates and a statutory loophole that permits them to evade lending laws and, instead, operate as free-wheeling ‘credit repair’ businesses…” Read more on the Dallas Morning News site >>