Texas Is Throwing People In Jail For Failing Woefully To Pay Off Predatory Loans

Texas Is Throwing People In Jail For Failing Woefully To Pay Off Predatory Loans

At the very least six men and women have been jailed in Texas in the last couple of years for owing cash on payday advances, relating to a damning analysis that is new of court public records.

The advocacy that is economic Texas Appleseed unearthed that significantly more than 1,500 debtors have now been struck with unlawful fees when you look at the state — despite the fact that Texas enacted a legislation in 2012 clearly prohibiting loan providers from making use of unlawful fees to gather debts. Continue reading “Texas Is Throwing People In Jail For Failing Woefully To Pay Off Predatory Loans”