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Learn discovers rate that is high of in automobile name loans. Which is in accordance with a report by the customer Financial Protection Bureau circulated Wednesday.

Learn discovers rate that is high of in automobile name loans. Which is in accordance with a report by the customer Financial Protection Bureau circulated Wednesday.

People whom place their cars up as collateral for just what are meant to be short-term crisis loans are now being struck with interest levels of 300 per cent, a top price of repossession and long payment durations.

Which is based on a research because of the Consumer Financial Protection Bureau circulated Wednesday.

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