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Texas Supreme Court’s Decision on Payday Lending Conflicts with Positive Ruling by U.S. Circuit Court that is 5th of

Texas Supreme Court’s Decision on Payday Lending Conflicts with Positive Ruling by U.S. Circuit Court that is 5th of

Ms. Jones, a 71 year-old widow and great grandmother who dropped on difficult economic times, took down a quick payday loan in a moment that is desperate. Whenever she could maybe not repay the mortgage, she asked the company to do business with her: “What I was thinking was planning to happen was they could have some type of sympathy for a senior who had been residing on a set income of Social safety and they will allow me personally to earn some variety of monthly payment. ” rather, the business enterprise filed a wrongful unlawful bad check grievance against her in Justice Court. Continue Reading