Reuters: “Stop Payday Lending Abuse Initiative Gains Momentum With Resolution in El Paso, Launch of New Web Site”

March 16, 2010

Excerpt: “Cities and towns across Texas are urging legislative leaders in Austin to close a loophole in state
law that allows payday lenders and auto title lenders to charge exorbitant rates for short-term loans, fostering a cycle of dependency that often leads to financial ruin…” Read more on the Reuters site >>