Editorial: Statewide payday reforms that are lending

The Fort Worth City Council took one step into the right way in voting to rein in payday loan providers. The other day, for a vote that is 5-3 control the predatory lending company, Fort Worth became the newest major town into the state to look at such a measure. It joins nearly 70 other Texas towns and cities that have enacted some sort of legislation for short-term loans in the past ten years. This…