“If you go up north around Fort. create a payday-loan alternative: community loan centers, designed to grant up to $1,000 loans at a maximum interest rate of 18%. Borrowers have up to a year to.
The chairman of the Texas Finance Commission, Bill White, has served 25 years as an executive with Cash America International Inc., a pawnshop and payday loan company in Fort Worth. Payday loan.
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FORT WORTH, Texas–(BUSINESS WIRE)–Ken Rees. The small dollar rule protects consumers from the cycle of debt inherent in payday loans, short-term auto title loans, and certain balloon payment.
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The refocusing could further drive people with spotty credit histories into the open arms of payday. Fort Worth, Texas-based Cash America last month reported that fourth-quarter profit more than.
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Payday lending reform needs this kind of bipartisan leadership statewide, especially from North Texas. Key cities such as Fort Worth, Arlington and Irving. that no one forces people to take out.
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