Tuesday, August 27, 2013

McCuistion Episode on Payday Lending

On September 12 at First Presbyterian Church in downtown Dallas, the Anti-Poverty Coalition of Greater Dallas will host a training we call 'Payday Lending 101'. The purpose is to educate community leaders and members of the faith community and other interested individuals on the perils of short term loans. 

We also want to provide information to those who may live outside of Dallas on the city ordinances which were passed by Dallas' city council in 2011 and encourage them to speak their city council members about adopting the same ordinances. The city of Flower Mound, Texas, recently became on of a number of cities which have chosen to protect their citizens by passing these ordinances

This seemed like an appropriate time to repost the video of 'McCuiston' on which Ann Baddour, of Texas Appleseed and I, along with Rob Norcross, lobbyist who represents the payday loan industry were guests. The program aired in November of last year and was reared this past Sunday. It's a short primmer on the industry and how it traps it's customers in debt. 

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The 2012 Presidential elections are now behind us, and the public policy work of CitySquare, turns it's attention to next year's state legislative session, during which we will try and strengthen gains we made in the regulation of payday lending last year. 

This past Sunday's broadcast of the locally produced 'McCuiston' talk show, featured Rob Norcross, a lobbyist for the payday and auto title loan industry, and CitySquare's and the Anti-Poverty Coalition's ally in our work at the state level, Ann Baddour of Texas Appleseed. 

I hope it give s you better perspective on the work that remains to be done - and our commitment to see it through!

Also, check out the invaluable information and resources on our other statewide partner, Texas Faith for Fair Lending

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