Consumers understand that a competitive and vibrant short-term credit market provides them consumer choice and access to needed financial services. There is and will continue to be a market demand for small, short-term loans.
HB 2832: Reducing Access to Capital for Texas Homeowners
Texas should not limit homeowners’ access to capital through tax lien lending by imposing new notification requirements. Consumers benefit from tax lien lending by being able to work through tough economic times. Governments benefit from tax lien lending because they receive tax payments in a more timely fashion. Even mortgage lenders benefit from tax lien lending...