Payday Lenders Morphing Towards Car Title Lenders

Payday Lenders Morphing Towards Car Title Lenders

Loophole enables interest rates as much as 204 per cent

by Maureen West, Through the AARP Bulletin Print Edition, December 1, 2010 | feedback: 0

Griffith believed a stake was indeed driven to the heart of exactly just what she considered a predatory monster. Nonetheless it popped down.

Starting in 2008, as soon as the clock started winding down on payday lending in Arizona, Griffith’s Tucsonbased team, the guts for Economic Integrity, viewed as a lot more than 200 pay day loan companies obtained licenses as car name lenders. Continuar leyendo «Payday Lenders Morphing Towards Car Title Lenders»