In Texas, Toll Collection Outsourced To Payday Lender [View all]
Source: Huffington Post
WASHINGTON -- If you want to set up an account to use the new toll road in El Paso, Texas, you may have to first stop by a payday lender.
The El Paso Times reports that the Camino Real Regional Mobility Authority will be working with the payday lender ACE Cash Express to help collect tolls for the César Chávez Border Highway toll road, which is expected to open Jan. 8.
While people who want to set up an account to use the road or pay off their toll charges can do so by phone, mail or online, the only places to do so in person in El Paso are at ACE stores. Those individuals who make the transaction at the payday lender "will be charged a $3 fee to set up the account and a $2 convenience service fee to replenish a non-credit card," the paper notes.
In an email to The Huffington Post, CRRMA Executive Director Raymond Telles said his organization has partnered with the North Texas Tollway Authority, which operates toll roads in the northern part of the state. He stressed that the NTTA is the one with the ACE partnership.
Read more: http://www.huffingtonpost.com/2014/01/02/texas-payday-lender_n_4531904.html
Payday lenders should be relieved of their assets, stripped naked, and deported.
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