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Houston May Become Fifth Significant Texas City to Crack Down on Pay Day Loans

Houston May Become Fifth Significant Texas City to Crack Down on Pay Day Loans

In a rebuke into the do-nothing Texas Legislature, Houston took one step toward becoming the 5th major Texas town to pass payday and loan that is auto-title. Houston Mayor Annise Parker outlined her proposal week that is last announced that she wouldn’t dilute the proposed ordinance predicated on industry needs.

“ I experienced at first favored a Houston-specific measure, but decided that joining along with other Texas towns and cities in a united front side on this problem is the greatest option to deliver a solid message to your Texas Legislature,” she said.