In court filings, the regulatory agency has stated that allowing name loans to be refinanced goes against

In court filings, the regulatory agency has stated that allowing name loans to be refinanced goes against
the intent for the state’s regulations on high-interest loans, and might donate to more folks becoming stuck in rounds of financial obligation. “The real world consequence of TitleMax’s limitless refinances is the fact that the principal is not paid down and TitleMax gathers interest, generally speaking more than 200 (%), before the debtor cannot spend any further and...