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Title-pawn stores ‘keep the indegent bad.’ Who’s protecting Georgians from financial obligation traps?

Title-pawn stores ‘keep the indegent bad.’ Who’s protecting Georgians from financial obligation traps?

Lease had been due quickly but Brian McGhee could perhaps perhaps not manage to spend it. The barber handed over the title to his automobile and borrowed money against it like many Georgians under financial duress. McGhee, 36, decided to go to a title-pawn team, among the many dotting the surroundings along thoroughfares in center Georgia.

The shops can be found in nearly every town that is small Macon and Columbus. Along side check-cashing stores and smaller loan providers, they’re very nearly because pervasive as fast-food bones.