State Rep. Gary Elkins (R-Houston) features a specific accessory to TexasвЂ™ payday loan company. All things considered, he helped pioneer the model that is current in which payday lenders operate as вЂњcredit solution companiesвЂќ and certainly will avoid TexasвЂ™ legislation against usury. Elkins has a chain of payday shops over the state and it has battled strenuously in the Legislature as well as in court to stop any regulation that is new of industry.
вЂњ[IвЂ™m] maybe not ashamed of the things I do,вЂќ he when told the Texas home while attempting to destroy a package off of modest reforms sponsored by former Republican state Rep. Continue reading “Rep. Gary ElkinsвЂ™ Cash Advance Business Faces Criminal Prosecutions. And from now on Elkins is fighting their latest adversary: the metropolitan areas of Dallas and San Antonio.”