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Posted on October 11, 2020 at 4:33 pm

U.S. cracks down on shady ‘0%’ loan providers

U.S. cracks down on shady ‘0%’ loan providers

Federal regulators are cracking down on smarmy organizations who promise to provide individuals money with zero interest, without disclosing crucial details that often are priced at vulnerable borrowers a lot of money.

These loans are produced by using the name for the debtor’s vehicle as security.

Comparable to spend time loans, automobile title loans are geared towards customers who require to increase profit a rush. Read the rest of this entry »