Payday & Auto Title Lending Reform

Texas Appleseed supports fair, equitable interest and fee charges for payday and auto title loans, consumer credit, and other cash advances. Texas currently has little to no oversight or regulation of the payday and auto title lending industry compared with many other states, leading to predatory practices in the market.

We work at the local, state and federal levels to ensure effective consumer credit regulation and oversight, including supporting city-based reforms that add common-sense standards to control predatory practices in the payday and auto title lending marketplace. Our work on high-cost lending is centered around three important areas to achieve meaningful reform: expanding market-based fair loan options, making strides in regulatory reform, and offering financial education to those who need it.

Texas Appleseed is also part of the Texas Fair Lending Alliance, a coalition of organizations and individuals working to transform the Texas payday and auto title loan market from one based on a cycle of debt, to one that thrives on success.