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Group Warns Of Debtors’ Prison Tactics Among Texas Payday Lenders

Group Warns Of Debtors' Prison Tactics Among Texas Payday Lenders A report that is new the nonprofit Texas Appleseed discovers that payday lenders into the Lone celebrity State have actually filed at the very least 1,500 unlawful complaints against borrowers. Picture: Thomas Samson/AFP/Getty Graphics Throughout the vacations, customer advocates stress that cash-strapped borrowers will seek out payday loan providers and dig by themselves into debt with high-interest loans. In Texas, it is maybe perhaps maybe not the only real finance costs which can be increasing alarms but threats of prison time.
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