Recommended Titles and Treatises

Zoning out payday loan stores and other alternative financial services providers

by Amy Lavine. Social Science Research Network. 2011.
45 pages.

In Texas, payday lenders are generally considered "credit services organizations," as defined by chapter 393 of the state's Finance Code. And while Texas, along with most other states, regulates these lenders at the state level, local governments have begun using zoning ordinances to restrict the operations of these lenders that are usually described as predatory. This informative essay by a staff attorney at the Albany Law School provides a solid understanding of how this industry functions and the various methods that municipalities have used to regulate these lenders. Also included is an appendix that lists municipal ordinances from across the US that regulate payday lenders.

page last updated: 23 Mar 2017 12:32 PM