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NC AG Office Defends Consumers From Title Loan Scam and Gets Clear Titles to Their Cars

Attorney General Josh Stein recently announced the Department of Justice has resolved a lawsuit against predatory auto title lenders in North Carolina. Liquidation, LLC made illegal loans to more than 700 North Carolinians under many names and charged interest rates of 161 percent to 571 percent, which far exceed legal limits in North Carolina. Loan …

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Illegal Auto Title Loans Dissolved and Consumers Get Clear New Titles

If you had one of those online title loans that was illegal in your state because the lender was not authorized to make loans in your state, today you’d want to live in Massachusetts. The Massachusetts Attorney General took action against an illegal online title loan lender and dispatched them. The AG office said, “Pursuant …

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Debt Forgiveness, Auto Loans Way Up, Mortgage Exec Admits Fraud, Rolling Jubilee

Attorney General Leads National Effort To Extend Tax Relief for Distressed Homeowners Jepsen co-authored a letter with Florida Attorney General Pamela Bondi, which was signed onto by 40 other attorneys general and sent today to U.S. House and Senate leaders. It asked the leaders to extend the exclusion, which has been in effect since 2007, …

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Constipated Lending Makes Economy Ill

Our economic life cycle is dependent on all all parties doing their fair share of the heavy lifting. Finance companies and banks lend – consumers buy stuff using credit – stuff must be built – jobs are created and so forth. We keep hearing about a crushing windpipe grip on banks and the government pleading …

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