Car Title Loan Lenders Beware: Be Careful When Serving Active-Duty Service Members!
Title loan lenders serving active-duty service members NO-NO! “Department of Justice (DOJ) goes after car title loan lenders and city government for their repossession by tow truck vendors for towing, selling and auctioning active service member automobiles.” Done right, a car title loan lender can make a lot of money. Done wrong, your title loan […]
GPS Devices for Title Loan Lenders
Complaint alleges that title loan lender used GPS tracking devices without consumer’s knowledge or consent to conduct repossessions of vehicles. Florida Attorney General Pam Bondi’s Office obtained a consent order to resolve a complaint filed against a Jacksonville car dealership and its president regarding the dealership’s misleading business and sales practices. The complaint alleges that Beach […]
Can a Car Title Lender Repossess a Car After One Missed Payment?
What’s a Car Title Loan? When Can the Lender Repo it? So, the question is, can you repossess the car, truck, boat, motorcycle, RV, boat… when your borrower has failed to make their timely payment to you? Answer? It depends. You must check with your state or province department of banking, department of financial institutions… […]
Arizona Car Title Loan Laws
Arizona Car Title Loan Laws Arizona and Repossession Laws Arizona car title loan law states that if you are in default (i.e. aren’t making your monthly payments), then the title loan lender can take possession of your car even if they don’t have a court order to do so – as long as they don’t “breach […]
Car Title Loan Collections
Car Title Loan Collections A new trend in car title loan and payday loan collections to track down debtors? Using social media such as FaceBook, Pinterest, Twitter, Instagram, etc. Payday loan and car title loan lenders are monitoring borrower’s social media accounts for clues as to a borrower’s ability to pay and where borrower’s are […]