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He also bristled at the thought that the Bexar County DAs office was profiting from its collections letters. When you multiply a 140 processing fee times a 1,000 or 2,000 or 3,000 people who are delinquent, thats a hell singapore banks personal loans a lot of money. Thats a way of putting money in your coffers. And all youve got to do is put something down on your letterhead. In all, the Bexar County DA has accepted more than 1,400 criminal complaints from payday lenders since 2009 totaling almost 373,000, according to records from the DAs office obtained by the Observer.
The Office of Credit Consumer Commissioner has occasionally told payday lenders to stop seeking criminal charges against customers, but the agency has no jurisdiction over judges or prosecutors.
After Tillman wrote to the consumer credit commissioner in August to complain about his situation, the agency investigated. In a September letter to Marpast, the agency instructed the company to advise the DAs office to cease collection activities on all checks forwarded by Marpast. This should keep Tillman and other borrowers out of jail.
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