Texas PDL scams.

They're all scams in Texas because they get around the state PDL laws by becoming "brokers" for the actual lender that's usually out of state. These gusy "aren't satisfied with generous terms of state law, so they exploit a loophole that allows them to partner with out of state bnks tht allow them to charge as much as they want." The Texas Finance Commission supposedly adopted guidelines in 2000 said that lenders could charge $10 per loan fee, plus 48 percent annual interest. But the companies weren't satisfied and that's why they found the loophole via the "unregulated Credit Service Organization status as a way to evade nre federal guidelines. The Texas Credit Services Organization (CSO) Act permits companies to act as loan brokers. These CSOs are not licensed by the Texas Office of consumer Credit Commisioner and their fees are completely unregulated." Can you believe that schitt? "Some payday loans can end up costing consumers more than 900 percent." Ridiculous! And these guys have the right to threaten us with "HOT CHECK" prosecution? Worse yet, they can ruin our check writing priviledges and screw our credit reports because of a loophole that allows them to bilk us out of 100's of dollars? That doesn't seem fair, does it?
Like I said earlier, I'm just learning about PDLs and that we consumers actually have a leg to stand on. For all you guys who backed these leeches off by telling them that they're not liscensed in your s state. "Kudos" to ya'. But I cannot believe that they have this kind of power to virtually run rough-shod over us like this and to ruin our finances. Many of us have paid these guys back several times over and they still call your phone like you've never paid them one red cent. I guess what I'm trying to find is recourse. Anybody out there versed in law to the point of helping us get our money back, even from store fronts? I'm so broke that I can see straight and I'm tired of paying these chumps. Input would be appreciated.