Data: EP payday-loan guideline appears effective. But, a market team stated that in 2 other Texas metropolitan areas, regional ordinances just generated increases in online borrowing.

A loan that is payday on western principal Street is pictured on Feb. 28. Lawyers during the yearly San Juan County Legal Fair will offer suggestions about a few subjects, including pay day loans. (picture: day-to-day occasions file picture) purchase picture

AUSTIN — The El Paso payday-lending ordinance that has been implemented early a year ago seems to possess led to lower loan volumes, charges and refinances, based on state information published by an advocacy team.