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Tag Archives: Car Title Loans

Car Title Lenders Deceived Consumers Says FTC

ftc

The Federal Trade Commission has taken action for the first time against two car title lenders, reaching settlements that will require them to stop their use of deceptive advertising to market title loans. A car title loan is typically a high cost, short-term loan, secured with the consumer’s car title. In administrative complaints issued against two title lenders, First American ... Read More »

    Soldiers Wounded by Debt, Not Bullets

    Military Flag

    by Paul Kiel, ProPublica, and Mitchell Hartman, Marketplace, May 15, 2013, 5:50 a.m.by Paul Kiel and Krista Kjellman Schmidt, ProPublica, May 15 This story was co-produced with Marketplace. Listen to their coverage. Seven years after Congress banned payday-loan companies from charging exorbitant interest rates to service members, many of the nation’s military bases are surrounded by storefront lenders who charge ... Read More »

      I Need to Rebuild My Credit After Bankruptcy. – Dennis

      Ready to Collapse

      “Dear Steve, I own a Honda Fit with around $58,000 miles on it and I have the title. I also just finished a Chapter 7 bankruptcy and so my credit is shot. I wanted to borrow against my title about $7,000 and make payments over 3 to 4 years in order to get back on my feet. Do you recommend ... Read More »

        I Took Out a Cart Title Loan With Lone Star Loans I Can’t Afford to Pay Anymore. – Nancy

        Ready to Collapse

        “Dear Steve, CAR TITLE LOANS – IS MONEY YOU BORROW – BUT THE 2500 I BORROW – I’M STILL PAYING ON IT ABOUT 5,000 I PAID – NOTHING GO THE PAYMENT LIKE A REGULAR CAR LOAN -THIS IS NOT A REGULAR CAR LOAN….. I HAVE A LOAN W/ LONE STAR LOAN – CAR TITLE – I BORROW 2500 – PAID ... Read More »

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