Thursday, February 2, 2023 | Back issues
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Crooked loans

ANNAPOLIS, Md. — A Maryland appellate court denied a pawnbroker’s attempt to skirt the state’s consumer protection agency, which busted the business for advertising “title loans” to customers looking to borrow cash without first licensing as a consumer lender. The owner told employees to rush customers through the paperwork so they would not notice how exorbitant the interest rates were.

Read the ruling here.

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