Payday Lending Clearinghouse Updates
The League’s “Payday Lending Clearinghouse” webpage, available at www.tml.org/payday-updates, includes information related to the regulation of payday and auto title lenders. It is updated from time-to-time to reflect recent developments.
Interested city officials should know that some cities, in addition to or in lieu of lender transaction regulations, have enacted various land use measures to address the proliferation of the lender storefronts. An informal survey of Texas ordinances prepared by Texas Appleseed has been posted to the page, as well as a report by national consumer groups.