At the least six individuals have been jailed in Texas in the last couple of years for owing cash on pay day loans, according to a damning new analysis of general public court public records.
The financial advocacy team Texas Appleseed unearthed that a lot more than 1,500 debtors have now been struck with unlawful charges when you look at the state — despite the fact that Texas enacted a legislation in 2012 clearly prohibiting loan providers from making use of criminal costs to get debts.