Texas Likely to Pass Predator Bill, But Lenders Don’t Mind
May 14, 2001
Add Texas to the list of states where predatory lending legislation could become a reality. But while lenders say they would prefer not to have any legislation at all, they apparently won’t much mind if a bill in the state’s House moves on to the governor. That’s because lenders were successful in their efforts to water down the measure, SB 1518, which recently passed the state Senate. In fact, industry lobbying has succeeded in weakening