Gaps in state recordkeeping also allow it to be tough to often confirm how borrowers

Gaps in state recordkeeping also allow it to be tough to often confirm how borrowers Are not able to make re re payments and forfeit their cars. The guts for Public Integrity obtained records showing that in brand brand New Mexico, Missouri, Virginia and Tennessee loan providers reported an overall total of 50,055 repossessions in 2013. The year that is following the count ended up being 42,905, maybe maybe maybe not counting Tennessee, which won’t release its 2014 information until the following year. In brand New Mexico, where interest rates typical 272 per cent, repossessions increased in 2014, because they did in Virginia. TitleMax contends …

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