In Texas, payday loan providers are receiving borrowers arrested thank you for visiting cnnmoney.
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Arresting individuals — or threatening to take action — over unpaid debts was illegal in Texas for a long time now.
Yet, who hasn’t stopped payday loan providers from utilizing the justice that is criminal to follow significantly more than 1,500 borrowers into the state.
Payday lenders are regularly looking at the courts looking for charges that are criminal borrowers don’t possess the funds to settle their loans on time, a written report from Texas Appleseed discovered. Such costs often leads to arrest as well as prison time in the event that courts choose to pursue an instance. (more…)