The article:

Sounding out our latest Wendy Davis fact check

By W. Gardner Selby
Published on Wednesday, January 15th, 2014 at 12:13 p.m.

Wendy Davis said payday lenders profit by charging 1,000-plus percent interest.

Half True, we concluded, finding average effective interest rates to be lower.

Nathan Bernier of Austin's KUT, 90.5 FM, quizzed us about our work.

Listen by clicking the play button to the right.

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About this article:

Sources:

Truth-O-Meter article, "Certain payday loans had effective interest rates of more than 1,000 percent for part of 2012," PolitiFact Texas, Jan. 8, 2014

Researchers: W. Gardner Selby

Names in this article: Wendy Davis

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