Sucheta Dalal :In Florida high-cost lender skirts the law
Sucheta Dalal

Click here for FREE MEMBERSHIP to Moneylife Foundation which entitles you to:
• Access to information on investment issues

• Invitations to attend free workshops on financial literacy
• Grievance redressal

 

MoneyLife
You are here: Home » What's New » In Florida, high-cost lender skirts the law
                       Previous           Next

In Florida, high-cost lender skirts the law  

July 29, 2014

Despite a ban on high-interest car title loans, the nation’s largest title lender has opened 26 Instaloan stores in Florida, offering a refashioned version of the loans that effectively charge the same sky-high rates the law was designed to stop

 

Paul Kiel (ProPublica)

 

This story was co-published with The Tampa Bay Times.

 

To know more on this click here


-- Sucheta Dalal