To Dodge Law, High-Cost Lender Has Money 100% free
TitleMax, one of many quickest growing high-cost loan providers in the nation, has discovered a way that is clever laws and regulations passed away by a number of Texas cities: provide a short loan at zero % interest.
Series: Debt Inc.
Lending and Collecting in the us
Alarmed by the explosion of high-cost financing within the state, metropolitan areas across Texas have actually passed away ordinances to avoid the period of debt that short-term, high-cost loans can cause.
Many big loan providers are finding clever means all over regulations вЂ“ like giving out cash at no cost. Read more