The Texas Tribune: Lawmakers Lend an Ear to Concerns Over Payday Loans
April 29, 2015
Lawmakers from both chambers gathered Wednesday to lend support to a range of bills that would limit the loan size and number of installments offered by payday and auto title lenders.
“We have lost some ground, and that is why it is important to do this press conference today – we have a very unified front,” said Sen. Rodney Ellis, D-Houston, standing alongside Sen. Royce West, D-Dallas, and state Rep. Tom Craddick, R-Midland. They have all filed bills aimed at regulating the payday and auto title loan industry. “We have to put this back on the front burner,” Ellis added.
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