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CFPB rules will aid vulnerable Texas borrowers
Federal agency takes significant step to counter payday and auto title loans.
AUSTIN, Texas – The Texas Catholic Conference of Bishops (TCCB) has worked for years to assist borrowers trapped in the cycle of debt that payday and auto-title loans create. The establishment of rules by the Consumer Financial Protection Bureau (CFPB) marks an important step forward in helping such borrowers. CFPB rules have the force of federal law and will counter predatory loan practices in which lender success is predicated on borrower failure.
Fort Worth Bishop Michael F. Olson, Following Pope Francis, to “Share the Journey”
Fort Worth Catholic Bishop Michael F. Olson, hours after Pope Francis launches a 2-year “Share the Journey” campaign, will meet with Fort Worth-area immigrants and refugees to learn about the perilous journey their families faced when they are forced to flee...
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