Texas Payday Lenders Use Criminal Courts to get on Loans

Texas Payday Lenders Use Criminal Courts to get on Loans

A fresh report says cash advance organizations in Texas are criminalizing borrowers who will be not able to spend back once again their loans, despite the fact that that isn’t permitted by state legislation.

Texans whom can’t manage to pay off a high-interest cash advance could be wishing that they had a get-out-of-jail-free card.

An analysis by nonprofit customer advocate Texas Appleseed discovered that cash advance organizations have improperly utilized the Texas unlawful court system to attempt to gather payday and title loans debts owed by significantly more than 1,500 borrowers, also going so far as placing some delinquent borrowers behind pubs. Continue reading “Texas Payday Lenders Use Criminal Courts to get on Loans”