Utah lax on car title loans. State called too friendly on high-interest discounts

Utah lax on car title loans. State called too friendly on high-interest discounts

State called too friendly on high-interest discounts

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Utah laws are the large choice of friendliest in the nation for acutely high-interest В«car title loans, В» based on a research that is brand new the client Federation of America.

Which comes after having a Deseret Morning Ideas series this past week reported that Utah instructions likewise are the most lax nationwide for also-high-interest «payday loans» — that has helped attract more payday loan stores right the following than 7-Elevens, McDonald’s, Burger Kings and Subway stores combined. Read more