Here’s exactly how the loans typically work: an individual who has automobile brings the name into a store Automobile name loans are really a booming company, with additional than 1.1 million US households taking right out automobile name loans in 2013. using the Federal Trade Commission on announced a settlement with two auto title lenders based in Georgia that friday . File/The Enquirer (picture: File/The Enquirer) customer advocates in Ohio are applauding the Federal Trade Commission’s choice to target two…