This is a bit outside the area of payday loans, but I think its relevant because it deals with a close cousin: auto title loans.  In this article and TV interview, a woman failed to make a payment on a loan using her car as collateral.

By not repaying her loan on time, per the legal contract she signed of her own free will, the loan company repossessed her car.
Now, on the one hand, we have the customer crying on camera.  That’s the point of the piece – to get the audience…

[Read the rest of the article HERE]

Be Sociable, Share!