Quantcast
Home / News Stories / Legislature looking at car title lenders (access required)

Legislature looking at car title lenders (access required)

A lawyer representing several car title lenders says that only about 5 percent of borrowers who fall behind in repaying their loans lose their vehicles. A legislative panel studying the high-interest loans met for the first time last week. It must rely on statistics from attorney Dewey Morris and other industry representatives because the businesses are ...