A vehicle title loan occurs when a debtor surrenders its car identity due to the fact guarantee to have a tiny-dollars mortgage

An individual Economic Cover Agency try bringing point in the routine away from borrowers investing the newest term of its automobile having a tiny-dollars loan

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Earlier this month, the Consumer Financial Protection Bureau (CFPB) issued a lawsuit against USASF Servicing, an auto loan servicer, for consumer protection violations. Continue reading “A vehicle title loan occurs when a debtor surrenders its car identity due to the fact guarantee to have a tiny-dollars mortgage”