Consumer advocacy group hopes elected officials close auto loan ‘loophole’ | New

ATLANTA (CBS46) —A consumer group is pushing Georgian elected officials to pass a law the group says will prevent lenders from taking advantage of consumers. A representative for Georgia Watch, a statewide consumer advocacy group, testified before the Georgia State Capitol on Monday, urging lawmakers to pass the Motor Vehicle Title Loan Act, SB329. According to Georgia Watch, the law, ...

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Why you should take a closer look at securities lending

At one point or another you might find yourself in a situation where you need the money right away. You might be caught off guard by an unexpected bill that needs to be paid now. If you have expenses that you need to cover, auto title loans are a great way to get money fast. Below, you will find some ...

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Auto title lending capped in Georgia Senate bill – news – the Augusta Chronicle

ATLANTA – The practice of pledging car title to make ends meet could become a bit more restrictive in Georgia under a bill with bipartisan backing. By using a vehicle as collateral, auto title loans quickly provide small amounts of money to cash-strapped borrowers without the need for a credit check. The loans, which can carry high triple-digit interest rates, ...

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