El Paso December 18th City Council Meeting will no longer address Payday Loan Ordinance

by The CAB Man Texas on December 18, 2012

Looks like the Payday Loan ordinance conversation on the City Council in El Paso will potentially resume on January 2nd. Initially, it was proposed that City Attorneys draft a final version of the ordinance and have it ready for review today. However, that has changed since. Perhaps the El Paso City Council has spoken its opinion and now they are ready to let the Legislature address the matter…

Since the December 6th news came that El Paso was now supporting local ordinances, I have been speaking with many operators about how to participate in the upcoming legislative session. The State of Texas should be the one who governs Payday and Auto Title Loans, not individual cities, and that point needs to be made in a new bill or amendment to an existing one. So, let’s all show our support and get involved in Austin. I am considering a plan to get involved and if you would like to know more, please contact me!

Last week I spoke with Cindy Ramirez at the El Paso Times and she quoted me effectively. We offer a much needed service, consumers respond to convenience, we intend ntend to operate legally and fairly. Here is the link to the El Paso Times article from yesterday: “Title-loan lenders will fight efforts of El Paso City Council to regulate”

http://www.elpasotimes.com/news/ci_22205745/title-loan-lenders-will-fight-efforts-regulate

As always, I am pleased to take your phone call at 214-293-8676. Or, email Michael Brown at Michael@CreditAccessBusiness.com.

Leave a Comment

Previous post:

Next post: