OCCC looking for engagement with Texas Payday Loan and Title Loan CAB’s

OCCC looking for engagement with Texas Payday Loan and Title Loan CAB’s

by The CAB Man Texas on February 13, 2012

Attended last week’s OCCC meeting in Austin and saw stakeholders from a multitude of industries speak up with opinions, questions, etc.  The OCCC had arranged the meeting with the goals of getting feedback from stakeholders in several regulatory areas on where they see their industries now, where they are headed in the future, and how the OCCC is doing.  An open forum was given for stakeholders to speak up, ask questions, and offer opinions…

From the meeting I took away that the OCCC is focusing on:

-Customer Education
-Financial Education
-Increase Online Activity
-Advise businesses to look at existing regulations, not just the new regulations
-Urge businesses to participate in dialogues with OCCC
-Re-iterated that stakeholder input in Texas is unique, not seen in many other states

In the meeting there were many who spoke up, but not what I would call a flood of questions and comments.  The OCCC is really making an effort to ask for industry feedback – take advantage.   The squeakiest wheel gets oiled first!

Questions you would like asked?  Let me know I will send them in on your behalf.    As always I am pleased to take your calls on all matters CAB, and if you want to learn more about the OCCC areas of focus cited above don’t hesitate to call Michael at CAB Consulting and Brokerage at 214-293-8676, or email cabconbrokerage@gmail.com


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