Attorney General Data Charges Against Maryland Title Loans Companies

Attorney General Data Charges Against Maryland Title Loans Companies

Early in the day this Maryland Attorney General Brian E. Frosh announced charges brought by his Consumer Protection Division against a title loan firm month. Frosh alleged that the name loan business issued unlicensed and title that is usurious in Maryland, causing monetary problems for susceptible Maryland residents while placing them in danger for repossession.

A name loan is a short-term loan that typically carries a http://speedyloan.net/bad-credit-loans-in higher interest and needs the borrower to offer the title up with their automobile as security. Continue reading “Attorney General Data Charges Against Maryland Title Loans Companies”