San Marcos Mercury | Local News from San Marcos and Hays County, Texas

Bill Peacock

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Wednesday, January 15th, 2014

Fight over payday loans, from capitol to campaign trail

In Texas, where payday and auto-title lending is a $4-billion-a-year industry with some 3,500 businesses, there are no limits on fees or loan sizes. Texans take out larger loans and pay higher fees than consumers in the nation as a whole.

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