While subprime auto loans may seem like a lifeline, they often come with significant downsides. Here's a breakdown of the risks associated with subprime lending:

The Truth in Lending Act is a federal law that requires lenders to disclose the full cost of a loan to the borrower. The goal of TILA is to promote transparency and ensure that consumers can make informed decisions about borrowing money. In the context of auto loans, the TILA ensures that all critical information about the loan, such as the annual percentage rate (APR), loan term, and total cost of financing, is clearly stated.

If you believe you’ve been the victim of unfair or deceptive business practices, there are steps you can take:

If you are facing overwhelming debt and don't know where to turn, don't fall for the false promises of debt relief services. Instead, seek r

Many consumers face issues such as unexpected charges, poor customer service, and misleading contracts.

The first step in protecting yourself is understanding your rights. Several federal laws protect consumers from unfair practices by credit c