New Texas laws in effect
"We don't hide anything, we're very up front about it so the customer knows what they're getting into," says Paloma Vargas, store manager, Check-N-Go.
That's the new goal for the Check-N-Go in our area.
Law now requires payday and auto title loan businesses to provide certain disclosures to customers.
"They receive a copy of the contract that they sign, as well as a copy of the interest and fees, as well as any penalty fees they might acquire and the consequences that happen if they do default on the loan," says Paloma Vargas, store manager, Check-N-Go.
This law was designed to help consumers since many aren't aware some businesses have fees which can add up to an annual interest rate of more than 300-percent.
For those parents dropping their children off at daycare, a new law may give you some piece of mind because it was designed to better protect your child.
Child-care providers are now required to have more training depending on the age range of children in care.
Some day cares in our area say they'll add another 25 hours of training.
They must also undergo a tougher background check.
Another law requires smokers enrolled in a state health plan to pay higher insurance premiums.
pay day loans checkngo - News
That's the new goal for the Check-N-Go in our area. Law now requires payday and auto title loan businesses to provide certain disclosures to customers. "They receive a copy of the contract that they sign, as well as a copy of the interest and fees,
The companies go under the salubrious names of QuickQuid, Check'n Go, Wonga, etc. The Consumer's Association estimates that the payday loan industry is worth ÂŁ1.5 billion. Lenders advertise the ease of repayments that will be deducted from customers'
But it isn't the first lawsuit that's been spawned by Davis's legal representation related to his interest in CNG Financial Corp. , the Cincinnati-based parent of the Check 'n Go payday loan chain. In 2005 Davis sued Mark Ruehlmann at Squire Sanders
CNG operates a "payday" loan 3 business through its subsidiary, Check-N-Go, Inc. 4 Jared founded CNG 5 in 1994 with the proceeds of a $100000 loan from his parents, Allen and Judith Davis (Judith). During the company's infancy, Allen also informally
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