About 1 in 5 Houston-area residents used a predatory lending product in the past year, often to cover basic needs like rent and groceries. This Kinder Institute research brief examines payday loans, auto title loans, and other high-cost financial products that trap families in debt cycles.
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1 in 5 Houston residents used predatory lending in the past year
Loans often used for basic needs like rent and food
Predatory products create debt traps for low-income families
Disproportionately impacts communities of color
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