News and Video

In the News:

Austin Chronicle

Lawmakers to Debate Value of Payday Loans (February 21, 2011)

Austin KXAN

Senator Aim to Curb Predatory Lenders (February 22, 2011)

Austin Statesman

NEW! Payday Lending Regulation Bid Dying Even as Progress Made (May 9, 2011)
Legislators Already Revising Proposed Payday Lending Regulations (February 22, 2011)

Legislative Odd Couple Teaming Up on Payday Lending Bill (January 27, 2011)

Op Ed: Closing Ranks to Close Loophole (February 1, 2011)

Dallas Morning News
NEW! Editorial: Local and State Officials Must Act Now to Fix Payday Lending (April 28, 2011)
Texas Senators' Proposals to limit Payday Lenders gets a Hearing (February 22, 2011)
City Hall Blog: Dallas Council Member Speaks out Against Payday Lending Today in Austin (February 22, 2011)

It is Time to Close the Payday Lending Loophole (February 4, 2011)

Fox News Houston
Legalized Loan Sharks Prey on the Needy (February 23, 2011)

Houston Chronicle

NEW! Debate raises uneasy issue in legislature (May 15, 2011)
NEW! Payday Loans in the Crosshairs (May 1, 2011)
Legal Loan Sharks (February, 10, 2011)

Op Ed: Christmas Future: For Next Year, We Wish for Better Protection for Those who Must Use Payday Lenders (December 24, 2010)

Lubbock Avalanche-Journal

Texas Legislature Asked to Regulate Loans (March 23, 2011)

NBC 5 Dallas Newscast Video
Dallas ministers battle high-interest loan businesses (September 9, 2010)

San Antonio Express-News

Bills Would Limit Payday Loan Fees (February 21, 2011)
Op Ed: Payday Loan Regulation Way Overdue in Texas (January 24, 2011)

Star-Telegram
NEW! Toughened limits on payday lender win preliminary approval Texas House (May 12, 2011)
Firm offered to pay off loan to quash bill, Craddick tells House Panel (March 23, 2011)
In Texas House, Representative Truitt of Keller seeks to restrict payday loan practices (March 9, 2011)
Davis Targets Legalized 'Loan-Sharking' in Texas (February 22, 2011)

Texas Senate Committee to Hold Hearing on Payday Lending Bill (February 22, 2011)

Texas Observer

Payday Lenders Come-to-Jesus Moment (March 23, 2011)
Taking an Interest: A New Business Model Challenges Predatory Payday Lenders (March 9, 2011)
Payday Loans Hearing: Lenders in Lobby-Land (February 22, 2011)

Texas Tribune

NEW! More Disclosures for Payday Lenders (May 11, 2011)
Senate Committee Targets Payday Lending (February 22, 2011)

Waco Tribune
New Coalition Fights Payday Loans

From our Members:

Baptist Standard Articles
Analysis: Payday lenders profit from cycle of debt (January 29, 2010)
Analysis: What does the Bible say about lending practices? (February 26, 2010)
Analysis: Churches can help poor people avoid predatory lending trap (April 8, 2010)

Texas Catholic Conference

"Modern Day Money Changers" (November 15, 2010)

Texas Impact

Payday Lending Bill Hearing (February 23, 2011)

How to Loosen a Noose (February 2, 2011)

Videos:

Testimonies from Senate Business and Commerce Committee Hearing February 22, 2011

Bishop Joe Vasquez, Bishop of the Catholic Diocese in Austin
Dr. Chad Chaddick, Pastor of Northeast Baptist Church
Dr. Frederick Haynes, Pastor of Friendship West Baptist Church
Suzii Payntor, Director of Christian Life Commission
Dorothy Doolittle, member of First Methodist Church in Elgin

Preston White
This is the story of Preston White, a retiree from Killeen, Texas, who needed $4,000 to help his daughter, a returning veteran, relocate her family.

Preston White's Video

Center for Responsible Lending Video

Center for Responsible Lending Video

Dave Ramsey – Author, TV & Radio Host and creator of the church-based Financial Peace University
Video from CBS News
Audio Clip
Article with same content