Texans Support Protections for Payday and Auto Loan Borrowers

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Don Baylor /(512) 320-0222 x 108

June 21, 2012

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New poll results released today show that Texans support legislation to protect payday and auto loan borrowers from high interest rates and fees. The majority of those registered Texas voters polled want more state regulations on this issue, and the center is committed to helping protect consumers from crippling debt. The center joins more than three dozen other organizations that represent consumers, financial institutions, low-income communities, and the elderly, in forming the Texas Fair Lending Alliance to push for new state laws to control high-cost lending and protect the borrower.