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In 2012, Dallas had 241 payday and car title loan stores; Loan shop online complaints it passed an ordinance that limited where payday loan and car-title companies could open.
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Payday and title loan stores in Dallas face new regulations intended to help customers pay off the loans after an unanimous City Council vote Wednesday.
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The City of Dallas led the state in passing a landmark ordinance to restrict the most abusive payday lending practices
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Right now Dallas is the only Texas city with strict ordinances on zoning and lending practices for payday and car title loan businesses, but probably not for long.
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The appellate court in Dallas rejected payday lenders' claim that such provisions in the Dallas ordinance unlawfully violated their "vested-property" rights by Payday loan stores london
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It didn’t take long for the payday loan businesses to hit back against the ordinance that the Dallas City council unanimously passed a few weeks ago to restrict them.
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