Wendy Davis, asked if sheвЂ™s unethically profited while in public places workplace, proposed her opponent has committed infractions including one that lead from thousands and thousands of dollars in campaign contributions.
Giving an answer to a reporter during the Sept. 30, 2014, gubernatorial debate in Dallas, the Democratic gubernatorial nominee and Fort Worth state senator accused Texas Attorney General Greg Abbott, her Republican foe, of attempting to sell away Texans to provide the “interests of people that make contributions to his campaign.”
For instance, Davis pointed down “payday lenders who possess offered” AbbottвЂ™s campaign “$300,000 then received a ruling from him that they’ll run in a loophole within the legislation which allows them to charge limitless prices and fees.”
Davis had been revisiting a subject sheвЂ™s consistently explored: that a 2006 page from AbbottвЂ™s state office allowed payday lenders to skirt state financing laws and regulations.
After DavisвЂ™ proclaimed website link between AbbottвЂ™s campaign contributions and formal action had been described because of the El Paso days in January 2014, we found Half True her statement that Texas payday lenders had been asking 1,000 per cent interest. In uncommon circumstances, loan providers charged 1,000 per cent yearly interest, but cash advance rates then averaged 465 %.
Because of this fact check always, we gauged whether Abbott accumulated thousands and thousands of bucks in campaign contributions after which issued a ruling favorable to payday lenders, that provide low-dollar, high-interest loans that are short-term low-income individuals who reside paycheck to paycheck. […]