A federal consumer watchdog group has fined TitleMax $15 million for predatory lending practices and intentionally evading laws meant to protect military families from predatory lenders and, separately, charged illegal insurance fees to more than 17,000 customers. Read more»
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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»
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»