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Mar 25, 2015 “We found that auto title loans share the same harmful characteristics as payday loans,” said Nick Bourke, director of Pew's small-dollar loans project. Several clients of the law center wound up on the street because they couldn't afford to pay their rent and car title loan, so they paid off the car loan. Others 

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In October 2007, a law was passed that caps the interest rate on a payday loan for military personnel at 36% percent APR, as defined by the Consumer Financial Protection Breau. This law applies to those in the National Guard, those in the reserve and covered dependents. The wonders of Arizona have made the state the