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High-interest car title loans would be banned in Arizona under ballot proposal

Tuesday, July 2, 2019
Russ Wiles | Arizona Republic

Signature gatherers are starting to fan out across Arizona in an effort to curb a type of high-interest lending in the state.

Roughly 20 community groups on Tuesday kicked off a drive to qualify a measure that would curtail auto-title loans that feature high interest rates and, critics say, trap borrowers in a debt cycle.

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