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

Fort Worth The Debt Trap: Texans taken for the ride by auto-title loans By Yamil Berard Editor’s note: One research indicates that the average Texan is about $40,000 with debt. A few of them dropped victim into the money that is easy through automobile name loans, and therefore quantity is increasing. In 2013, Texans paid just as much as $360 million in charges to car name companies — $53 million significantly more than in 2012….