Cities Making Their Particular Cash Advance Regulations. Quality journalism does not come free

Cities Making Their Particular Cash Advance Regulations. Quality journalism does not come free

Across Texas, town councils are starting to use the legislation of payday and car name loan providers in their hands that are own. But lobbyists are also active in opposing municipal ordinances.

Across Texas, town councils are using the legislation of payday and car name loan providers within their very own fingers. But lobbyists, who had been instrumental in blocking some far-reaching state legislation on loan provider regulations this past year, have also active in opposing municipal ordinances.

In Dallas, Austin, San Antonio, Brownsville, Irving, Mesquite, Sachse, Richardson, Garland and minimal Elm, town governments have actually passed away zoning ordinances to limit the expansion of payday financing companies within their towns and cities.

The ordinances think about it the heels of 2011 laws passed away by the Legislature, which some populous city councils sensed are not comprehensive enough. Continue reading

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