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WARNING: Georgians taking right out high interest loans that may cost them their automobile

ATLANTA — Channel 2 customer adviser Clark Howard claims Georgians seeking to borrow on the worthiness of the automobile need certainly to realize that the loan will come having a catch that is big it comes down from the name pawn business.

“It’s hard for me personally to keep relaxed about any of it, given that it makes me so aggravated,” Howard said.

Howard stated individuals in need of cash usually move to title pawn businesses. These dollar that is small include big interest levels.

“Almost always at 300 %,” Howard stated.