Car-TiTle lending
ar-title loans are expensive loans averaging more than $1,000 that are secured by the title to a ... credit, bad credit, or no credit. ... ers in their states have average gross incomes of under $25,000 ($24,531 and $24,493, respectively). Zywicki (2010) found that about half of all car-title borrowers are unbanked, lacking access to both ... ................
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