Vehicle Title Loans Trap Low-Income Illinois Families With Debt

Vehicle Title Loans Trap Low-Income Illinois Families With Debt

Gillespie moved. Nevertheless the bad times kept coming: the next springtime, he had a coronary attack, forcing him to simply take a leave from their work as a welder.

“I was running low on money. We had simply invested $10,000 for a funeral, ” Gillespie said. He stated he previously bad credit and couldn’t get a old-fashioned financial loan.

Then, he remembered ads that are hearing one thing called car name loans. (more…)