Firms Settle FTC’s First Case Against Car Title Lenders

Two car title lenders settled Federal Trade Commission charges requiring them to stop using deceptive advertising to market title loans. The complaints mark the first time the FTC has taken action against car title lenders. Collection & Credit Risk

By |2017-05-20T11:45:12-05:00January 31st, 2015|FDCPA|Comments Off on Firms Settle FTC’s First Case Against Car Title Lenders

High-Cost Auto Title Loan Lending Accelerates

More than 1.1 million households in the U.S. used auto title loans in 2013, according to a survey by the Federal Deposit Insurance Corp. - the first time the agency has included such loans in its annual survey. Collection & Credit Risk

By |2017-05-20T11:45:14-05:00December 29th, 2014|FDCPA|Comments Off on High-Cost Auto Title Loan Lending Accelerates

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