The Current: State to Repo COSA’s Payday Lender Ordinance

March 27, 2013

No good deed goes unpunished, a phrase that’s more than just cliché when it comes to politics. At the beginning of the year, a City ordinance restricting credit access businesses, more familiar as payday and auto title lenders, went into effect. However, those restrictions appear to be in jeopardy as the Texas Legislature considers a bill with more lenient limits, which would effectively kill local regulations. Read more here.