SACRAMENTO – The Ca Department of company Oversight (DBO) today finalized a settlement with car title loan provider TitleMax of Ca, Inc., continuing a three-year crackdown on unlawful customer loans.

“No one should make use of struggling customers who’re obligated to sign up for loans on automobiles they desperately need,” stated Commissioner of Business Oversight Manuel P. Alvarez. “I am pleased that TitleMax has decided to make refunds, spend a superb, and cooperate when you look at the settlement of the matter.”

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