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thank you for visiting cnnmoney. In Texas, payday loan providers are receiving borrowers arrested

thank you for visiting cnnmoney. In Texas, payday loan providers are receiving borrowers arrested

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In Texas, payday lenders are getting borrowers arrested

Arresting individuals — or threatening to do this — over unpaid debts is unlawful in Texas for decades now. Yet, that includesn’t stopped payday loan providers from utilising the unlawful justice system to follow significantly more than 1,500 borrowers within the state.

Payday loan providers are regularly looking at the courts searching for unlawful fees whenever borrowers do not have the funds to settle their loans on time, a study from Texas Appleseed found.