During the last five sessions, state lawmakers have inked almost nothing to modify title and payday loans in Texas. Legislators have permitted loan providers to carry on providing loans for limitless terms at unlimited prices (often significantly more than 500 % APR) for an limitless wide range of refinances. The only legislation the Texas Legislature was able to pass, last year, had been a bill needing the 3,500-odd storefronts to report data regarding the loans to a situation agency, work of credit rating Commissioner. That’s at least allowed analysts, advocates and reporters to just take stock associated with industry in Texas. We’ve got a fairly handle that is good its size ($4 billion), its loan amount (3 million deals in 2013), the charges and interest compensated by borrowers ($1.4 billion), how many automobiles repossessed by name lenders (37,649) and plenty more.