Category: auto title loans
Good News and Bad News Relating to CFPB Payday Loan and Auto Title Loan Regulation
The CFPB has proposed a final rule that prohibits a lot of the worst practices in the Payday Loan industry as well as practices involving Auto Title Loans and other abusive loans. These regulations are primarily intended to get people out of the “debt trap” that happens when you are forced to roll over payday […]
There’s No Magic Solution to An Underwater Car Loan
Do you owe more money on your vehicle than what it’s worth? There’s no magic solution to the problem. If you don’t beliee me, believe Jalopnik. If you have a vehicle that you need to get rid of and you owe less than $5000 more than what it’s worth (wholesale), you might be able to […]
Circle City Auto Exchange – Indianapolis – Problems getting your title?
We are investigating Circle City Auto Exchange, located on Madison Avenue in Indianapolis. From our initial investigation, it appears that some folks have had a hard time getting title to the cars they purchased there. Last year, the Indiana Secretary of State looked into the company and they found 40 instances where customers were given […]