
In November of 2015, in collaboration with North Texas IAF, St. Joseph Catholic Church leaders in Arlington and the Texas Catholic Conference compelled the Arlington City Council to unanimously vote in support of payday regulations. Loans are now limited to 20% of borrowers' gross monthly income and auto loans are limited to 70 % of the vehicles value or no more than 3% of gross annual income. Leaders hope to achieve similar limitations in Fort Worth.
Bishop's Plea Pushes City on Predatory Lending, Star-Telegram
Catholic Diocese Wants Fort Worth to Regulate Payday Lending Industry, Star -Telegram
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