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Michigan places brake system on unlawful car name loans

High-risk automobile name loans hurt Michigan consumers.

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Financially-troubled Michigan motorists whom considered title that is bad for money might find some relief after action because of hawaii Attorney General’s workplace.

Michigan Attorney General Bill Schuette has battled to get rid of collections on unlawful car title loans wanted to Michigan customers from Liquidation, which does business as AutoLoans, Sovereign Lending Solutions, auto loan as well as other names.

Their state has stated these firms aren’t authorized to complete business in Michigan as being a pawnbroker and even as a liability company that is limited. Continue reading