Title-pawn legislation hits bumpy road

Senate bill fails to leave committee; House bill still under scrutiny

By Margaret Coker

In an article published by The Current, Georgia lawmakers are reported to be making renewed efforts to reform the state’s billion-dollar title loan industry, which Georgia Watch, along with many others, considers predatory due to its high interest rates and targeting of vulnerable populations. Despite public support for regulation and a recent federal fine against industry leader TitleMax, efforts face an uphill battle with Crossover Day approaching.

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