Woman’s car repoed, sues lender over 371% APR

Story covering a lawsuit against an auto title lender who allegedly charged a 371 percent APR.
News Story (Ohio)

John Matarese
WKBW (Buffalo) (local ABC affiliate)
June 7, 2015
Full story

Tags: Benefits of Legal Aid, Consumer Protection, Predatory Lending

Organizations mentioned/involved: Legal Aid Society of Southwest Ohio (LASSWO)


Payday loans….title loans in some states. Either way, they can be very costly.

An auto title lender is being sued, for allegedly charging a woman thousands of dollars in interest for a small loan, and then repossessing her car when she fell behind.

The Legal Aid Society filed the suit on behalf of 61 year Ruby Williams.