November 29th, 2012 by Reed Allmand
Texas is the base of operations for some of the largest nationwide payday lenders. With its lax regulations, Texas is estimated to provide the industry with more than 60% of its national profit.
About Reed Allmand
Allmand's vision is rooted in his own financially precarious childhood in Abilene "My father always had difficulty holding a job and supporting our family, so after my parents divorced when I was 12, my sister and I got jobs to help make ends meet," he recalls. "I remember what it felt like as a child to worry that our car would be repossessed or home foreclosed on."
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