Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Texas Senate passes payday lending bill
AUSTIN, Texas (5/26/11)--The Texas State Senate passed two bills Monday that will regulate payday lenders. HB252 requires credit service organizations to give consumers “adequate information” about costs they will be charged before they sign any lending agreements (The Texas Tribune May 23). The bill expands notice and disclosure requirements for lenders. A companion bill--HB 2594--requires payday and car-title lenders to be licensed and regulated by the state of Texas. The two bills now go back to the Texas House of Representatives for another review. If the House approves the legislation, the bills go to Gov. Rick Perry for signature.


RSS print
News Now LiveWire
For the last 75 years, even in the most difficult of times, Mill Town #CU has been there for the community it serves. Read #NewsNow Tues.
8 hours ago
The 1st vid shows how consumer can become victim and, advice to those who think they've been targeted. http://t.co/hr9VHpzEze
13 hours ago
.@TheNCUA has released two videos designed to raise awareness of elder financial abuse. http://t.co/iddSxr7H40
13 hours ago
Celebrate #100MM with @MDDCCUA1 at Orioles v Blue Jays tonight at Camden Yards
13 hours ago
The At Home In Lawrence mortgage program from @MetroCU is designed to help revitalize Lawrence, Mass.
13 hours ago