Report: High-interest loan providers have circumvented Arizona’s ban by moving to auto-title loans High prices can cause a financial obligation trap for customers whom find it difficult to settle payments and remove loans that are payday. High-interest loan providers have actually circumvented an Arizona ban on payday advances by migrating to auto-title loans, including those where borrowers do not obtain their cars, a report critical of this training has discovered. A lot more than one-third of businesses now supplying high-cost…