03 mar Title-pawn stores вЂkeep the indegent bad.’ who is protecting Georgians from financial obligation traps?
By Kevin G. Hall, Michael Woodel, Laura Corley And Ben Wieder вЂ“ Ledger-Enquirer
Lease had been due quickly but Brian McGhee could perhaps perhaps perhaps maybe not manage to spend it. Like numerous Georgians under monetary duress, the barber handed within the name to their car and borrowed money against it.McGhee, 36, decided to go to a title-pawn company, one of several dotting the landscape along thoroughfares in center Georgia.
The shops are found in nearly every tiny city between Macon and Columbus. Along side check-cashing stores and tiny loan providers, they are almost because pervasive as fast-food bones.