(AUSTIN, Texas)–April 23, 2013–The Center for Public Policy Priorities and Texas Impact made the following statement in response to the Senate's passage of SB 1247, the payday lending reform bill:
"To protect low-income consumers, Texas must regulate payday and auto title lenders and stop the cycle of debt. Monday night, we applauded as the Senate took a strong stand for tough regulation. Tuesday morning, however, we faced the task of moving the Senate bill through the House.
"As we move forward, we must be realistic.
Bookmark/Search this post with