The Debt Trap: Texans taken for the trip by auto-title loans | Fort Worth Star-Telegram

The Debt Trap: Texans taken for the trip by auto-title loans | Fort Worth Star-Telegram

Fort Worth

The Debt Trap: Texans taken for a trip by auto-title loans

By Yamil Berard

Editor’s note: One research suggests that the texan that is average about $40,000 with debt. A few of them dropped victim to your money that is easy through auto name loans, and therefore quantity is rising. In 2013, Texans paid up to $360 million in charges to automobile name companies — $53 million a lot more than in 2012. Your debt Trap is a project that is collaborative the Star-Telegram, WFAA therefore the Austin American-Statesman targeted at shining a light on loans that either assist the economically disadvantaged or devastate them, according to who you ask. Continue reading “The Debt Trap: Texans taken for the trip by auto-title loans | Fort Worth Star-Telegram”