Fort Worth is Texas’ just big city that won’t rein in payday loan providers

Fort Worth is Texas’ just big city that won’t rein in payday loan providers

Stymied by the legislature’s absence of action, 21 towns and cities across Texas have passed an agreed-upon ordinance to cease a few of the worst excesses associated with payday financing industry.

Truly the only city that is major to pass through the ordinance? That might be Fort Worth, which — coincidentally or not — is head office for Cash America, one of the greatest players when you look at the payday industry. (more…)

Continue ReadingFort Worth is Texas’ just big city that won’t rein in payday loan providers