For most types of loans, “typically as part of the licensure requirement there is some data that is provided to the state agency. There is at least something,” said John Rao, an attorney with the ...
TitleMax was hit with a $9 million fine for allegedly misleading customers on the cost of its auto pawn loans and using abusive debt collection tactics, a federal watchdog agency said Monday. The ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Consumers across the country pledge the ...
Title loans are expensive short-term loans that use your vehicle’s title as collateral. While title loans have both pros and cons, the drawbacks heavily outweigh the benefits. Title loans are illegal ...
RICHMOND, Va. (Legal Newsline) – Virginia Attorney General Mark Herring announced a settlement on Tuesday with a Fredericksburg-based pawnbroker to resolve allegations it made illegal automobile title ...
For a loan of $2,000 a title pawn company could charge $3,750 in interest and fees, and a borrower would have to pay $5,750 to get his or her car title back. “If they are acknowledged to be dangerous ...
What makes the title-pawn industry in Georgia unique is its lack of meaningful oversight, both on the state and federal level. And while borrowers think they are getting “loans,” the word is nowhere ...