A random thought
Repossession agents (repo men) reclaim property when it's used to secure a debt that's in default. For example, they'll take your car if you get too far behind on the payments. Repo men often do this by stealth ("stealing" your car when you're not around).
In most states, it's only legal to shoot someone if you reasonably believe yourself or another to be in imminent and severe physical danger. Many but not all states allow the use of deadly force to defend your home or office. In a few states, like Texas, it's legal to use deadly force to protect chattles (e.g. you can snipe at someone who's trying to steal your car).
Since at a distance, repo men may be indistiguishable from car thieves, it stands to reason that auto repossessions are riskier and/or more difficult in Texas (either you risk getting shot, or you don't have the option of repossession by stealth). This means that repossessions are more expensive (as repo men will demand higher wages to cover their risks), which means that credit should be more expensive or otherwise hard to get in Texas as it's harder to recover property in the event of default. I wonder if there's any empirical evidence of this being the case.
In most states, it's only legal to shoot someone if you reasonably believe yourself or another to be in imminent and severe physical danger. Many but not all states allow the use of deadly force to defend your home or office. In a few states, like Texas, it's legal to use deadly force to protect chattles (e.g. you can snipe at someone who's trying to steal your car).
Since at a distance, repo men may be indistiguishable from car thieves, it stands to reason that auto repossessions are riskier and/or more difficult in Texas (either you risk getting shot, or you don't have the option of repossession by stealth). This means that repossessions are more expensive (as repo men will demand higher wages to cover their risks), which means that credit should be more expensive or otherwise hard to get in Texas as it's harder to recover property in the event of default. I wonder if there's any empirical evidence of this being the case.