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Related Details A similar ordinance in Houston limits payday loans to 20 percent of the borrower's gross monthly income. Dallas Payday Loan Ordinance
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Press Release. Mayor Parker Moves Houston’s proposed ordinance would help alleviate this problem by: Requiring payday loan and auto title loan businesses to
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In general, it is extremely easy to obtain a payday loan. One must go to a lender with only a bank account, personal identification, and have a job.
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Today, the Houston City Council voted 15-2 to join every other major Texas city except one (hello, Fort Worth) in regulating payday loan companies.
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In a rebuke to the do-nothing Texas Legislature, Houston took a step toward becoming the fifth major Texas city to pass payday and auto-title loan restrictions. Houston Mayor Annise Parker outlined her proposal last week and announced that she wouldn’t dilute the proposed ordinance based on
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