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Online loans via Ipass launch loan consolidation service

Ipass Loans is a website dedicated to reducing the time and frustration of getting a short term loan, even if the borrower has bad credit references. The website contains links to a range of lenders who work with borrowers who may have difficulty securing a traditional loan. Ipass Loans is pleased to announce that its […]

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Pritzker signs law to cap high interest payday loans and securities lending | Latino voices | Chicago News

Governor JB Pritzker signed the Illinois Predatory Lending Prevention Act late last month, which caps annual interest rates on short-term loans at 36%. The law, which took effect immediately, has an impact on payday loans – typically a two-week loan in which the money is taken from the borrower’s next paycheck. It also has an […]

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Max Cash ™ Title Loans Analyzes the Challenges of the COVID-19 Effect on the Securities Lending Industry

TEMPE, Arizona., April 28, 2020 / PRNewswire / – Title Deed Lenders United States are currently suffering a decline of 69% and up to 90% in other parts of the country. Pawn shops are experiencing unprecedented growth as Americans attempt to sell property for cash. Due to this car title loan, lenders have adapted to […]

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Car title loans face interest rate caps in Georgia Senate bill

ATLANTA — The practice of pawning your car title to make ends meet could get a little more restrictive in Georgia under a bill that has bipartisan support. Using a vehicle as collateral, auto-title loans provide small amounts of money quickly to cash-strapped borrowers, without the need for a credit check. The loans, which can […]

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Auto-lenders replaced high-interest loans in Arizona

High-interest lenders have circumvented an Arizona ban on payday loans by migrating to self-title loans, including those where borrowers don’t own their vehicles, a study critical of the practice has found. . More than a third of the companies now offering high-cost vehicle loans here were licensed as payday lenders more than a decade ago […]

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Arizona Fair Lending Act would ban high-interest car title lending

Signature collectors are beginning to roll out across Arizona in an effort to curb a type of high-interest lending in the state. About 20 community groups on Tuesday launched a campaign to slam a measure that would cut auto-title loans that carry high interest rates and, critics say, trap borrowers in a cycle of debt. […]

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Could Car Title Loans Ruin Your Finances?

One in five people aged 45 to 64 with an income of less than $50,000 used a vehicle for a short-term loan. And about a third of people age 65 and older have received car title loans. “The reason almost everyone gets these loans is normally to pay an immediate expense,” like a gas or […]