Utah lax on automobile name loans. State called too friendly on high-interest deals

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  • Utah legislation are among the friendliest within the country for exceptionally high-interest «car name loans,» based on a study that is new the customer Federation of America.

    Which comes after a Deseret Morning Information series this past week reported that Utah laws and regulations likewise are one of the most lax nationwide for also-high-interest «payday loans» — that has helped attract more payday loan shops right here than 7-Elevens, McDonald’s, Burger Kings and Subway shops combined.

    Needless to say, the exact same loan providers frequently provide both kinds of loans. Читать далее Utah lax on automobile name loans. State called too friendly on high-interest deals