Home >> Research >> Economic Opportunity

More Information

Related Topics

• Texas Jobs Snapshot for 2012
• Testimony: Senate Committee on Business and Commerce
• New Texas Poverty and Uninsured Numbers Make the Path Forward Clear

Also by Celia Cole

• Cuts to SNAP Will Hurt Texas Families Struggling to Afford Food
• Access to Healthy and Affordable Food is Critical to Good Nutrition
• We Must Maintain Our Investment in SNAP: An Efficient, Effective Way to Prevent Hunger and Reduce Food Insecurity

Oppose CSHB 846 (Flynn): Protect the Public from Predatory Payday Lenders

  

Author:
Celia Cole /(512) 320-0222 x110

May 3, 2005

Read Full Article >>  

Texas has a longstanding tradition of fighting usury- in fact, specific interest rate caps were written into the original Texas Constitution. CSHB 846 substantially weakens these consumer protections and authorizes interest rates on loans as high as 780 percent!