Contact Sunset Commission to necessitate reasonable lending, alliance urges
Ken Camp / Managing Editor
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Texans worried about credit access companies such as for instance payday loan providers should make their views understood now to users of the state’s Sunset Commission, advocates for reasonable lending asserted throughout a webinar that is recent.
Representatives associated with Texas Fair Lending Alliance urged residents to make contact with the Sunset Commission before Aug. 29, when the team satisfies to find out its guidelines concerning the workplace of credit rating Commissioner. Any office oversees certification and gathering complaints on credit access organizations, including payday and auto-title loan providers.
The Texas Fair Lending Alliance is really a coalition of 60 people and businesses, such as the Texas Baptist Christian lifestyle Commission.
Possibilities and perils noted
Within an Aug. 20 online presentation, Ann Baddour with Texas Appleseed and Ashley Harris with United methods of Texas noted Sunset review—a procedure founded to carry state agencies accountable by occasionally evaluating whether or not they should continue steadily to exist—offers possibilities to strengthen customer protection against whatever they start thinking about predatory financing. Read More