At the very least six folks have been jailed in Texas in the last couple of years for owing cash on payday advances, relating to a damning new analysis of public court public records.

The financial advocacy team Texas Appleseed discovered that a lot more than 1,500 debtors have already been struck with unlawful fees within the state — despite the fact that Texas enacted a legislation in 2012 clearly prohibiting loan providers from making use of unlawful costs to gather debts.

In accordance with Appleseed’s review, 1,576 unlawful complaints had been granted against debtors in eight Texas counties between 2012 and 2014. These complaints had been usually filed by courts with just minimal review and based entirely in the payday lender’s term and evidence that is frequently flimsy. [Read more…]