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#titlemax — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #titlemax, aggregated by home.social.

  1. #TitleMax Demands High-Interest Payments From Borrowers in #Bankruptcy
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    In #Georgia, borrowers looking to alleviate debt through Chapter 13 bankruptcy can’t escape their high-interest title pawns thanks to a legal loophole that TitleMax helped secure.

    #Loans #Lending #PersonaFinance #Money #News

    propublica.org/article/why-tit

  2. How Georgia’s Top GOP Leaders Have Blocked Title Lending Reform

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    TMX Finance and Select Management Resources, the owners of two major title lending brands, have been cozying up to #Georgia lawmakers in a position to bottleneck industry reform.

    #Loans #Lending #TitleLoans #TitleMax #LoanMax #PersonalFinance #PredatoryLending

    propublica.org/article/how-gop

  3. CFPB Fines TitleMax $15 Million for Predatory Lending
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    The federal consumer watchdog says Georgia-based #TitleMax intentionally evaded laws meant to protect military families from predatory lenders.

    It's also accused of charging illegal insurance fees to more than 17,000 customers

    #CFPB #Regulation #Lending #Loans #TitleLoans #Georgia

    propublica.org/article/consume

  4. Inside the Controversial Sales Practices of the Nation’s Biggest Title Lender
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    Former #TitleMax store managers told ProPublica & The Current that they faced repercussions for telling customers how to pay off their #debt quickly or in full.

    “I carry a lot of guilt,” said Cordelius, who managed a TitleMax store in #Georgia. “My community trusted me. What the company was selling to the community wasn’t good for them.”

    #Loans #TitleLoans #PersonalFinance #Credit

    propublica.org/article/inside-