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In Texas, payday lenders are receiving borrowers arrested

Payday loan providers are routinely embracing the courts searching for unlawful costs when borrowers do not have the funds to settle their loans on time, a report from Texas Appleseed view moneymutual reviews – speedyloan.net discovered. Such costs may lead to arrest as well as jail time in the event that courts choose to pursue an incident.

“In addition to their crazy prices and financing practices, cash advance companies are illegally utilizing the unlawful justice system to coerce payment from borrowers,” stated Ann Baddour, manager associated with the Fair Financial Services Project at Texas Appleseed.

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