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Texas Payday Lending laws

Date: Tue, 03/13/2007 - 12:03

Submitted by anonymous
on Tue, 03/13/2007 - 12:03

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Total Replies: 1


Is anyone familiar with the laws in Texas about payday loans?


Here is the link to your state's pdl laws. It states that criminal action is not specified. However, TX is one of the few states that does allow prosecution if the default is due to closing of the account. However, I would contact the dept. listed here to check with them if that includes UNLICENSED IPDLS.

http://www.paydayloaninfo.org/state_detail.cfm?id=TX


lrhall41

Submitted by WHEREAMI? on Tue, 03/13/2007 - 12:09

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