Houston Could Become Fifth Significant Texas City to Crack Down on Payday Advances

Houston Could Become Fifth Significant Texas City to Crack Down on Payday Advances

In a rebuke to your do-nothing Texas Legislature, Houston took one step toward becoming the 5th major Texas town to pass payday and auto-title loan limitations. Houston Mayor Annise Parker outlined her proposition final week and announced that she’dn’t dilute the proposed ordinance centered on industry needs.

“ we experienced at first favored a Houston-specific measure, but decided that joining along with other Texas urban centers in a united front side about this problem is the greatest solution to deliver a very good message to your Texas Legislature,” she said. Continue reading