Don't forget car title loans -- usually capped by law at 300% interest (!). Those aren't good enough for car-title loan companies, like TitleMax, so they try t

Don't forget car title loans -- usually capped by law at 300% interest (!). Those aren't good enough for car-title loan companies, like TitleMax, so they try to up-sell/roll-over from the car-title loan to a "Consumer Finance Loan", which I believe is basically unregulated and can have insane terms. Average for car-title loan customers is to 'refinance' it EIGHT TIMES with the title-loan company, so the goal is to keep a population of financially illiterate people in a constant state of indebtedness, and ensure payment with the threat of repossession.