Journal Article

Why Texas' Small-Dollar Lending Market Matters


Abstract: This article, written by Ann Baddour of Texas Appleseed, describes the reasons behind the emergence of the payday lending industry in Texas and how banks and other for-profit and nonprofit organizations are working to create lower-cost options that address the growing frustration among those who advocate against the payday and auto title industry?s lending practices.

Keywords: Texas; Payday lending;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: e-Perspectives

Publication Date: 2012

Volume: 12

Issue: 2

Order Number: 1