The fight for consumer protection begins at the city-level. For residents of Houston, TX, taking a stand against payday and title lenders has proven to be beneficial. By understanding the difficulties consumers are having with payday and title loans in Houston, lawmakers continue to take a stand to better protect its residents. 1
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While payday and title loans are still legal, Houston has taken steps in the right. 2005:Payday lenders find a loophole in Texas law by registering as credit.
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Chinese banks have reported an increase in bad debts and a decline in capital adequacy ratio in the second quarter, as the.