Cities move to regulate payday lenders
In Dallas, Austin, San Antonio, Brownsville, Irving, Mesquite, Sachse, Richardson, Garland and Little Elm, city governments have passed zoning ordinances to limit the expansion of payday lending businesses in their cities. The recent state laws require payday and auto title lenders to be regulated by the state and to post a schedule of fees in visible places in their businesses. “In Dallas and ...