DID YOU KNOW?
From 2012-2018, payday and auto title loan operations collected $11.2 billion in fees from struggling Texas families. This money could have gone towards basic family needs and local businesses instead of being drained away for 500% plus APR loans.
Recent research indicates that most individuals with payday and auto title loans rely on nonprofits to help make ends meet.
ETHNN is proud to lead the Tyler Economic Wellbeing Taskforce.
Improving systems to support the financial stability of families in Tyler.
Our comprehensive approach includes:
Implementation of Marketplace Solutions
Employer-based fair loans
Community-based fair loans
Asset building resources
Continuous Membership Growth
Viewing "The Ordinance"
Sharing local payday and auto title loan data
Enlisting mass media
Passing a City Unified Ordinance to cap interest rates.
Join us to learn more and be part of the solution.