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Arizona: Payday Lenders Skirted State Law by Changing to Title Loans — Often Without needing A name

Arizona: Payday Lenders Skirted State Law by Changing to Title Loans — Often Without needing A name

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After Arizona Instituted A Quick Payday Loan Law, Over 200 Payday Organizations With In The continuing State Changed Into Title Loans That May Charge Up To 204% APR.

“Beginning in 2008, if the clock started winding straight straight straight down on payday financing in Arizona, Griffith’s group that is tucson-based the middle for Economic Integrity, viewed as significantly more than 200 cash advance companies obtained licenses as car name loan providers. Read the rest of this entry »