Car Title Lending Research and Analysis
Car title loans are short-term, high-interest loans secured by the title of a used vehicle. While car title lenders market their product as a way for families to overcome a financial emergency, more often than not those families are driven deeper into an endless cycle of debt. The following is a list of some of the research available on this damaging lending practice.
- Report to the TN General Assembly, Pursuant to Public Chapter 440, Acts of 2005, Section 7(e)
February 1, 2006 - Letter to ALEC on Car Title Loans
November 29, 2005 - Highlights from Report on Tennessee's Title Lending Industry 2008
July 1, 2009In these brief we present some of the highlights of the report conducted by the Tennessee Department of Financial Institutions on the $73 million title lending industry in Tennessee.
- Highlights from Report on Tennessee's Title Lending Industry
February 15, 2006 - Debt Detour: The Automobile Title Lending
September 1, 2007This report identifies key information on the title loan industry to inform the public debate on how to best apply nationally recognized small loan consumer protections to the Illinois title loan industry.
- CRL Supports Indiana’s Regulation of Car Title Lending
July 21, 2009In this legal brief CRL, joined by several allies, explains why car title lenders are wrong that the U.S. Constitution allows them to avoid Indiana’s 36% rate cap by opening up shop on the Illinois side of border.
- Car Title Lending: Driving Borrowers to Financial Ruin
April 14, 2005Research report from CRL and CFA documenting the cost of title loans, the predatory terms, and the best solutions.
- Auto Title Loans and the Law
July 1, 2004
