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It is important when making payments on a title loan to understand the terms of the contract. It takes many borrowers multiple months or even years to pay off the debt.

Title lenders in the U.S. often use predatory practices to trap customers in high-interest loans - this guide will help you understand how title lending works and what your options are if you’re stuck in a contract. Read more»

TMX Finance and its biggest brand, TitleMax, operate in 16 states, including Arizona. TMX Finance reported revenue topping $712 million in 2021.

A growing consortium of lawmakers, religious leaders and consumer advocates believe TitleMax, and the title lending industry at large, to be predatory leeches on the growing ranks of working-class Americans, with high interest rates and fees exacerbating pockets of poverty. Read more»