Who Knew TitleMax Sucked This Bad?

Another Half Assed Attempt to Fix Federal Student Loans With Bankruptcy

Today, the Consumer Financial Protection Bureau (CFPB) took action against a web of corporate entities operating under TMX Finance, broadly known as TitleMax, for violating the financial rights of military families and other consumers in providing auto title loans. The CFPB found that TitleMax violated the Military Lending Act by extending prohibited title loans to …

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The Rising Cost of Automotive Insurance and What You Can Do About It

Owning a vehicle is getting more expensive. Apart from the actual car payments, rising fuel costs, and toll fees, you also have to pay for insurance coverage. In most states, minimum third-party liability coverage is required by law. But according to USAA auto insurance reviews, most car owners also opt for more comprehensive insurance coverage …

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CFPB Takes Aim at BS Car Repos

The Consumer Financial Protection Bureau (CFPB) is moving to thwart illegal repossessions in the heated auto market. A compliance bulletin issued today reveals conduct observed during CFPB examinations and enforcement actions, including the illegal seizure of cars, sloppy record-keeping, unreliable balance statements, and ransom for personal property. “With today’s high car prices, auto lenders and …

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How to Save Up for a Car

Even if you plan to get a loan, you may not want to get one for the full amount. Generally, the more you can put down on a car, the less you’ll need to borrow, the lower your interest rate, and the lower your monthly payments will be. While saving up a sizeable down payment …

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Repossession: Why it happens, what you can do, and your rights before, during and after repossession

The following information guides you through dealing with a car lost through repossession. It is critical that you understand if your vehicle is repossessed, the car will be sold at a dealer price at auction. You will be responsible for the difference you owed on the car plus repossession expenses minus the meager sales price. …

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