文章基本信息

标题：Credit on Wheels: The Law and Business of Auto-Title Lending
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作者：Hawkins, Jim
期刊名称：Washington and Lee Law Review
印刷版ISSN：0043-0463
出版年度：2012
卷号：69
期号：2
页码：535
出版社：Washington and Lee University School of Law
摘要：Despite the fact that they are used by millions of Americans, auto-title loans have received little attention in the legal literature about consumer credit. Friends and foes of title lending make confident statements about their net welfare effects, but we still lack empirical data on many of the central policy questions that title lending raises. This Article offers new evidence about the title lending transaction, paying special attention to the risks borrowers face when they use their vehicles as collateral for the loan. I gathered this evidence by obtaining new reports from state regulators about the title lending industry, examining public disclosure statements by title lenders, interviewing title lenders, and surveying a small group of title lending customers. Additionally, the Article organizes the different legal responses to title lending, creating a taxonomy of regulatory approaches. Based on the new data uncovered by my research, I offer tentative evaluations of these diverse regulatory strategies.
关键词：Loans -- Law & legislation