02/15/2026
Before getting a Payday loan consider getting a fresh start with Chapter 7 or reorganizing under Chapter 13, a federal law that is available to those who qualify.
As mentioned in the below article in the Houston Chronicle today “A study from the Center for Responsible Lending found that the typical $400 payday loan in Texas comes with an annual percentage rate of 650%, meaning that borrowers who are several hundred dollars short in the first place often find themselves in a deep hole, and quickly…..in practice a $200 payday loan taken out for just a few months can cost more than $1000 to repay.
Call us for a free consultation with an experienced caring, competent, and compassionate attorney with over 40 years of experience 713-278-0800.
