Dollar Installment Loans

A brand new report by the nonprofit Texas Appleseed discovers that payday loan providers within the Lone celebrity State have actually filed at the very least 1,500 unlawful complaints against borrowers. Picture: Thomas Samson/AFP/Getty Pictures

During the holiday breaks, customer advocates stress that cash-strapped borrowers will seek out payday loan providers and dig on their own into financial obligation with high-interest loans. In Texas, it is perhaps perhaps not the only finance fees which are increasing alarms but threats of prison time.

Payday loan providers within the Lone celebrity State have actually filed at the very least 1,500 unlawful complaints against borrowers for bad check writing and theft by check, based on a brand new research by Texas Appleseed, a nonprofit that encourages social and economic justice. (altro…)