Federal Rules Could Tame “Wild West” of Texas Payday Lending

Federal Rules Could Tame “Wild West” of Texas Payday Lending Leonard Abbott of San Marcos had been aware of the risks of payday loans — the small-dollar, high-interest credit that may quickly trap borrowers in a morass of financial obligation. But once unforeseen medical bills blew a opening in the month-to-month spending plan year that is last he felt he’d nowhere else to make. He […]