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Lawmaker’s business accused of ignoring payday lending ordinances

Lawmaker’s business accused of ignoring payday lending ordinances

Lawmaker’s company accused of ignoring payday financing.

Being a known member associated with the Texas House of Representatives, Houston Republican Gary Elkins tends to make legislation. As a businessman, he could be an owner of the string of payday lending shops accused of breaking them.

Elkins opposed lending that is payday throughout the 2011 and 2013 legislative sessions, arguing people should defer to their expertise and calling the bills an answer searching for an issue. Efforts at comprehensive statewide reform failed, leading Texas’ three largest towns and cities to consider their own limitations on the merchandise payday and automobile name lenders will offer.