Check your work! Last week my team and I released a blog about Carlos Uresti, a San Antonio based Senator whose offices had been raided by the FBI. We happened to know that a politician by the name of Uresti in the San Antonio area had also written a bill that would attempt to “cap” all finance charges on Credit Access Business payday, installment, and auto title loans to 25% of the amount borrowed. Being that I am a rabid defender of our CAB clients, I sprang on the name “Uresti” immediately and assumed he was the same man who had written the bill – which was House Bill 1733.
We made two mistakes on the blog post. First, State Rep. Tomas Uresti wrote House Bill (“HB”) 1733 and Carlos Uresti did not. Second, we should have known that a Senator would not write a “House Bill” because they are not in the “House,” they are in the Senate! This was one day that our team totally messed up on the details – the blame is on me.
These errors were sharply pointed out to me and we pulled down the post right away. We have a lot of people reading our posts and people count on us to relay information. It is important to make sure we get them right. This oversight is a fresh reminder that the good old fashioned saying “the devil is in the details” is alive and well.
This blog post was written by Michael Brown, President of CAB Consulting and the Texas Organization of Financial Service Centers. He can be reached at 214-293-8676, or Michael@CreditAccessBusiness.com.