Payment 1 Loans - San Antonio - W. Commerce – 4114 W Commerce St ste 102
Sources & References
https://payment1.com/location/san-antonio-goliad/
Payment 1 is dedicated to providing personal and title loans. View details on our office in San Antonio, Texas
https://www.govinfo.gov/content/pkg/CHRG-115hhrg27255/html/CHRG-115hhrg27255.htm
And, with that, we will get off to our testimony. Our first witness today is Mr. William Phelan, the president and co-founder of PayNet, Incorporated, in Skokie, Illinois. PayNet provides small-business credit data analysis to a variety of clients. He also serves on the Advisory Council on Agriculture, Small Business, and Labor to the Federal Reserve Board of Chicago.... Thank you for being here this morning. You are recognized for 5 minutes. Thank you. STATEMENTS OF WILLIAM PHELAN, PRESIDENT
https://payment1.com/location/san-antonio-w-commerce/
Payment 1 is dedicated to providing personal and title loans. View details on our office on W Commerce in San Antonio, Texas
Map Location
Services this business provides
Contact Information
Address
4114 W Commerce St ste 102, San Antonio, TX 78207
Phone
(210) 43-38-271Website
payment1.comFrequently Asked Questions about Payment 1 Loans - San Antonio - W. Commerce
Key takeaways:
- State-level: Texas has historically favored less restrictive statewide limits, relying on licensing and consumer protections rather than stringent rate caps. For precise terms, see guidance from the Texas Office of Consumer Credit Commissioner and related state agencies.
- Local oversight: Many cities, including San Antonio, have ordinances that further regulate payday lending activities, licensing, and borrower protections. For updated local rules, check the City of San Antonio or local regulatory bodies.
- Consumer protections: Federal actions in recent years supplemented state rules by requiring underwriting and disclosures, though Texas-specific adoption varies by lender and locality. For current protections and enforcement options, consult the CFPB guidelines and Texas regulatory sources.