Texas Is Throwing People In Jail For Neglecting To Pay Off Predatory Loans
At the least six men and women have been jailed in Texas within the last couple of years for owing cash on payday advances, based on 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 criminal fees within the state — despite the fact that Texas enacted a law in 2012 clearly prohibiting loan providers from making use of unlawful costs to gather debts.
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