Texas is among the poorest states when you look at the nation; business is booming for predatory lenders.

Selected Triumph Stories Payday, automobile name, along with other high-cost, unscrupulous funding solutions compensate a $6 billion-a-year industry that strips $1.5 billion in interest and charges from regional economies. For customers, the loans provide instant financing whenever required, but borrowers that are often trap a period of financial obligation.