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Editorial: Statewide payday reforms that are lending

The Fort Worth City Council took one step within the right way in voting to rein in payday loan providers.

The other day, for a vote that is 5-3 regulate the predatory lending company, Fort Worth became the most recent major town when you look at the state to adopt this kind of measure. It joins almost 70 other Texas urban centers which have enacted some form of regulation for short-term loans in the past ten years.

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