Let me make it clear about Statistics: EP payday-loan guideline appears effective

Let me make it clear about Statistics: EP payday-loan guideline appears effective

A pay day loan store on western principal Street is pictured on Feb. 28. Solicitors during the yearly San Juan County Legal Fair will give you suggestions about a few subjects, including pay day loans.

AUSTIN — The El Paso payday-lending ordinance which was implemented year that is early last to own lead to reduced loan volumes, charges and refinances, in accordance with state information published by an advocacy team.

Nevertheless, a business group stated that in 2 other Texas urban centers, neighborhood ordinances merely resulted in increases in online borrowing.

The corporation provided the template when it comes to El Paso payday-lending ordinance that went into impact year that is early last. (more…)

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