Auto Title Loans - a New Rip-off Your Students Need to Know About?

Colleagues,


Do you know about auto title loans? These are not loans that enable one to get an automobile title, but that use car owners' automobile titles as collateral for loans. If the borrowers miss a payment, they can can lose their cars. Read about this here: http://www.thetimesinplainenglish.com/wp/auto-title-loans-the-new-rip-off/

I wonder if adult learners know about these loans, and if any are falling victim to them? Have you checked with your students? If you do, tell us what you find out.

David J. Rosen

djrosen123@gmail.com