Title-pawn stores ‘keep the indegent bad. ’ Who’s protecting Georgians from financial obligation traps?

Receipts supplied by Gary show just exactly just how these monetary instruments can be debt traps. A repayment she built to TitleMax on Feb. 5, 2016, is illustrative. For the $440 she paid that month, just $3.64 actually went along to knocking straight down her principal that is outstanding of $4,300. A listing expert for W.C. Bradley Co., which manufactures Char-Broil grills, Gary made three more re payments that springtime, but her interest that is…