In Texas, payday loan providers are becoming borrowers arrested thank you for visiting cnnmoney.

In Texas, payday loan providers are becoming borrowers arrested thank you for visiting cnnmoney.

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Arresting individuals — or threatening to take action — over unpaid debts was unlawful in Texas for decades now.

Yet, which includesn’t stopped payday lenders from utilising the justice that is criminal to pursue a lot more than 1,500 borrowers into the state.

Payday loan providers are regularly looking at the courts seeking unlawful costs whenever borrowers don’t possess the funds to settle their loans on time, a study from Texas Appleseed discovered. Continue reading “In Texas, payday loan providers are becoming borrowers arrested thank you for visiting cnnmoney.”