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Debtors’ Treadmill Machine, Role Two Political Payday

Debtors’ Treadmill Machine, Role Two Political Payday

Groups that offer high-interest, short-term customer loans and would like to avoid state legislation contributed a lot more than $1.4 million to Texas politicians in the last nine years, Texas Ethics mission documents reveal.

Killeen retiree Preston White is readying for battle up against the pay day loan industry in Texas following a lender charged him sky-high fees and threatened to just take their truck. “We have actually mitted ourselves to wanting to fight this,” White stated.