Part II, Punish fraud against the elderly....period! We must take care of the weak and poor! Since this is an old problem that needs a solution, was one reached when the city council, that spends $95,000 on 13 scanners, and service agreement from a company in Austin, voted on a ordinance on these non-profit, debt counselors, titling companies? Being a victim of a title company’s logistic tactics, con, to the tune of $5,489.00 over four months, started a truth-seeking search. As some might say, oh well, you should have read the small print, yada, yada, yada, but to them I ask when was the last time you signed any documents that were “padded” with non-essential documents that did not pertain your transaction? Meaning, the company adds extra paperwork to make the stack look overwhelming, when in reality, you only need five documents to review and they are out of sequence in order to confuse you. The lucky day came when I asked for a printout of my transactions and learned that the $500 a month payment was payable to the them and nothing was being applied to the “other” lender, who has the right to confiscate your vehicle in four months if no payment has been applied to that account. Furthermore, they place two liens on your vehicle, and have the right to sell your personal information for a profit as long as you owe them. After paying the loan off, you have to call three other companies that are interlinked with them to have that information removed and beware they will contact your references months later so be sure to tell them you paid the loan off because they will try to collect from them. Also, beware when they make a copy of your key, which gives them the right to duplicate your key, which they test by setting the alarm off, if you have that feature. Make sure you get your ignition switch changed after doing business with them. What do they do with the repossessions? They transport them to Georgia or Florida and re title them so you do not have a ch

TIME TO STOP THE MADNESS: SECRETARY OF STATE NEEDS TO BE INVESTIGATED Titles, Non Profit, Credit Advisors, $10,000 bond to get a titling license; Please read and consider the possibilities of that occurring in our state because the position of this office is appointed by the Governor that selected a person with one year as a business owner of a janitorial service in San Antonio, now has six non profit organizations in Austin; has ties to import business on the border; Consider the huge number of stolen semi's tractor and trailers crossing the border now? Why, maybe because they can get the title information changed quickly, now. It's a HUGE problem! *****The investigation into corruption in Ryan's office began with a horrendous tragedy, while Ryan was still Illinois' secretary of state. On Election Day 1994, a piece of a tail-light assembly fell off a semi-trailer on a Milwaukee expressway and bounced beneath a minivan, rupturing its gas tank and exploding the van into flames. Six children from the Willis family of Chicago, en route to a little getaway, were killed; their parents were severely burned. Other motorists told police they tried to warn the driver of the truck that the piece was dangling dangerously, but he didn't understand English. Federal law requires truckers to know and read English to get a license, and investigators were alarmed that this driver — who was from Chicago — didn't. Wisconsin authorities notified the Illinois secretary of state's office, which licenses drivers and was then headed by the freshly re-elected Ryan. An internal investigation found the driver may have paid a bribe to get his license. Ryan's response was to squash the probe and fire the investigators. Four years later, with Ryan campaigning for governor, federal prosecutors picked up the case. They began indicting employees in Ryan's office for selling licenses for bribes and then funneling the cash into Ryan's campaign fund.” (http://www.npr.org/templates/story

Off topic but seniors are being taken by these lease to own furniture places, My grandma of 88 years old bought "new" furniture from Rent A Center but they gave her USED and infested with bed bugs so BAD that she had to leave her house to get a month worth of treatment. I called the news but they don't care. Buyer beware of bed bugs!

They are dishonest, straight up. I used to work for a car title place. They are dishonest and as an employee, we aren't "allowed" to tell you the truth when you come in for a loan. We are taught to "skirt around" the truth by telling you a half-truth. We are taught to give you a loan at any cost. Even if your vehicle is a piece of junk, falling apart, you can still get $500...or more. When we explain that 20-page contract, as we rush you through the signing of it, you're only getting told what they want you to hear. In their opinion, if you don't read your contract, then you can't blame them. We could not straight out tell you that you have 3 days to cancel the contract, by paying only the actual amt you borrowed. No, they WANT you to re-finance...multiple times because that's how they make their money. We could not tell you that the "payment" is only a refinance and nothing is going to the Principle. We can't tell you that you are about to be approved for Repo, or that it will cost up to an additional $400 to get your car back if the Repo company picks you up. The head honcho's are getting fat and rich, and the employee's at store level are getting put in harm's way dealing with angry customers, yelling and threatening them because their car got repo'd for being late or non-payment. They use deception and I could not stand to work for them any longer. On the other hand as well, I've seen grown-ups come in with their aging parents, to get a loan for them, because "they needed money" and gave their parents a guilt trip for not helping them. Elderly parents put themselves in this position partly because their grown son or daughter needed "bail money" or "College Tuition" or "fiesta" money. Whatever you do, if you do enter into a loan with them, PLEASE READ YOUR CONTRACT BEFORE YOU SIGN ANYTHING!!!!

You would be better off borrowing from the Indian group, at least they tell you up front they are fixing to scalp you with the loan at 300% plus interest.

Approve the ordinance and stop predatory lending. The issue at hand here is not who is irresponsible or credit worthyness rather, the high interest rates these companies charge and are getting away with. Granted, if a person has to resort to this, they know the details of what they're getting into as indicated in the terms of the loan, even at a 500% rate, what you or I don't know is the reason why they are doing it. In any case, it is one thing for a company to make a profit and another to rape a person of their last penny.

Advocates, Church groups, the AARP, etc. must realize that when the Council “passes” this ordinance during an illegal meeting in violation of the Texas Open Meeting Act it can be voided via the courts. Payday/ title lenders and their trade association will surely take the City to court and waste yet more of our tax dollars. The City must follow the law if they expect to pass laws/ordinances that can’t be erased with a single lawsuit....... http://www.sanantoniolightning.com/enemy10.html.........http://www.youtube.com/watch?v=N9VL1nPBeak

paydate lenders intereste rate is legale but not ethicale.

They should have the same limits on charging fees as banks if they are providing the same service.

" Consumer advocates say state legislators have sided with industry lobbyists and made that impossible" That's the real problem right there. Congress siding with $$$ rather than the good of the people.