Texas Is Throwing People In Jail For Failing Woefully To Pay Off Predatory Loans

Texas Is Throwing People In Jail For Failing Woefully To Pay Off Predatory Loans

At the very least six folks have been jailed in Texas within the last two years for owing money on pay day loans, based on a damning analysis that is new of court public records.

The advocacy that is economic Texas Appleseed unearthed that a lot more than 1,500 debtors have already been struck with unlawful charges into the state — and even though Texas enacted a legislation in 2012 clearly prohibiting loan providers from making use of unlawful fees to gather debts.

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