The Source: Payday Lenders See Big Payday Despite City Efforts

Jun 3, 2014

Credit Flickr user Rambergmediaimages / cc

There are more payday loan shops than Starbucks in Texas, with 200 right here in San Antonio. 

A new study by the Center for Public Policy Priorities showed that payday lenders in Texas made more last year than ever despite giving out fewer loans.

On the heels of that study the City of San Antonio announced lawsuits against seven payday and title loan companies for allegedly violating its ordinance.

Can San Antonio do more? What can the state do?

Guests:

  • Don Baylor, Senior Public Policy Analyst at the Center for Public Policy Priorities
  • Diego Bernal, San Antonio's District 1 Council Member