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A brief history of Title Loans in Michigan. Loan providers of any type in Michigan are legally obliged to comply with Michigan’s usury legislation.

A brief history of Title Loans in Michigan. Loan providers of any type in Michigan are legally obliged to comply with Michigan’s usury legislation. This legislation forbids car name lenders from actually possessing somebody car title that is else’s. It prohibits any unlicensed loan provider from charging significantly more than 7% APR on just about […]

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