DBO Launches Research Towards Potential Evasion of California’s Brand Brand New Rate Of Interest Caps By Famous Car Title Lender, LoanMart

DBO Launches Research Towards Potential Evasion of California’s Brand Brand New Rate Of Interest Caps By Famous Car Title Lender, LoanMart SACRAMENTO – The Ca Department of company Oversight (DBO) today launched a formal research into whether prominent auto name lender Wheels Financial Group, LLC, which does company as LoanMart, is evading California’s newly-enacted rate of interest caps through its current partnership by having an out-of-state bank. The Legislature passed the landmark Fair Access to Credit Act (AB 539), which...

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