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Western Sky/Cash Call - Texas Residents

Date: Fri, 10/26/2012 - 13:23

Submitted by momofthree27
on Fri, 10/26/2012 - 13:23

Posts: 358 Credits: [Donate]

Total Replies: 4


After speaking with the Texas OCCC and Texas AG Division of Consumer Protection, I want to know how many of you dealing with Cash Call, Inc. on a Western Sky Financial issued loan are Texas residents. If you fellow Texas Residents can respond to this thread or PM me, I want to make sure you are included in my letter to these two agencies and Texas Faith for Fair Lending. Texas needs to do a better job protecting its residents and unfortunately it's going to take the power of numbers for our voices to be heard.


[SIZE=2]Texas Faith for Fair Lending is a grassroots effort by people of faith to change payday and auto title lending practices in Texas.

Currently, almost all payday and auto title lenders operate in a loophole in state law that sets no limits on the rates and fees they can charge Texans on small dollar, short term loans. It is common for the rates and fees charged to be the equivalent of 500% APR. These high cost loans are hurting Texas families. They are immoral, unethical and in direct contradiction of the religious values that most Texans hold. [/SIZE]

Individuals, congregations, and other groups of faithful Texans are joining together as Texas Faith for Fair Lending to urge the State Legislature to close this loophole. We demand these lenders operate within the Texas Finance Code and stop taking advantage of our neighbors.


lrhall41

Submitted by momofthree27 on Mon, 10/29/2012 - 05:27

( Posts: 358 | Credits: )