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Texas Towns Huddle towards An approach to Overcome Pay day Lenders

Texas Towns Huddle towards An approach to Overcome Pay day Lenders

From the Texas Municipal League’s annual discussion during the Austin into the Thursday, there clearly was an unexpected little bit of wargaming. Town officials away from along the county gathered so you’re able to encourage each other to take and pass regulations to your pay day and you will auto-term financing, a keen unregulated markets of numerous thought usurious, otherwise predatory, and to explore ways to defend against the new industry’s legal actions.