Loanmax Title Loans –

Loanmax Title Loans is a title loan company that accepts “Titles” as consumer alertcollateral for short term loans. Their business model is the same as “Pay Day Loan” companies.

These companies provide a valuable service in our opinion but the terms and costs for such high risk loans are exceedingly high interest rate to the tone of 150% of the amount borrow.

scamFRAUDalert see it necessary to ALERT potential borrowers to exercise care and caution when dealing with LoanMax and other “Title” Loan companies.

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