Fort Worth Star Telegram: The Debt Trap: Texans Taken for a Ride by Auto-Title Lenders
February 14, 2015
Mary Dixon was hours away from losing her 2007 silver Mercury Mountaineer on Feb. 6. Dixon, 47, of Mansfield, had borrowed $2,994.95 on Dec. 2 to cover a family emergency. By January, she had already doled out a prepaid finance charge of more than $300. Now she owed a final balloon payment of $3,351.28 to a title storefront on East Lancaster Avenue. Read more here.