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FTC brings first actions against car title lenders
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Case Law
Friday, February 6, 2015
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The Federal Trade Commission has entered into proposed settlements against car title lenders, First American Title Lending of Georgia, LLC and Finance Select, Inc., which operated as Fast Cash Title Pawn, for failing to disclose important loan terms through their advertisements. This is the first time the commission has taken action against car title lenders. Read on to learn more about the case and how to submit comments on the proposed consent orders.
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