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Are you trapped making payments on a quick cash loan that won't go away? Has your struggle to pay off an "easy" cash advance created a new crisis for you and your family?
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Active Texas CSO Locations
The number of predatory lenders in our state in recent years:
2006: 1279 2009: 3235
2007: 2252 2010: 3594
2008: 3460
About
The 500% Interest Is Wrong campaign is a coalition of organizations and individuals working to end abusive payday and auto title loan outfits in Texas. These loan outfits prey on desperation and hurt the financial stability of our families in cities and towns across the state. This campaign supports fair and ethical standards for payday and auto title loans. In Texas, that means closing loopholes in state law that allow usurious 500% interest loans to proliferate in our communities.
The following organizations are supporters of the 500% Interest Is Wrong campaign:
The following individuals have also signed on as supporters:
For more information, please contact Tim Morstad at AARP Texas at 512-480-2436 or contact us.