Risk Solutions for Carriers
However the ordinances can have consequences that also extend beyond the cities that pass them. Bennett Sandlin, executive manager for the Texas Municipal League, which includes motivated urban centers looking for limitations on payday financing to pass through an alleged “unified ordinance” in order to avoid a patchwork of various laws, stated urban centers have…
Brand New Payday-Loan Rules Won’t Stop Predatory Lenders. The proposed rules give attention to determining capacity to back pay the loans The proposed rules concentrate on determining capacity to back pay the loans. But really enforcing underwriting requirements is harder than enforcing certain item security guidelines. A debtor taking out fully a $500 loan could…