Utah lax on automobile name loans. State called too friendly on high-interest discounts

State called too friendly on high-interest discounts

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  • Utah laws and regulations are among the list of friendliest in the country for incredibly high-interest « car name loans,  » based on a study that is new the buyer Federation of America.

    Which comes following a Deseret Morning Information series this past week stated that Utah guidelines likewise are being among the most lax nationwide for also-high-interest « payday loans » — that has helped attract more payday loan shops right here than 7-Elevens, McDonald’s, Burger Kings and Subway shops combined. Continue reading