cbsnews.com — Some states allow people to take out car title loans; short-term, high-interest loans using their cars as collateral. But as Mark Strassmann reports, borrowers too often default and end up losing their vehicles.
Aug 20, 2007 View in Crawl 4
threadmoreAug 20, 2007
Really all of these loan products are just designed to further juice the people who can least afford it. It feels like something you'd see the mob do in a movie.