When buying a car
can be a rough ride


Atlanta Journal-Constitution reporters Ann Hardie, Carrie Teegardin and Alan Judd examined state consumer laws and lending practices affect consumers, creditors and regulators. These articles look at how they apply to car buyers.


Day One
Ga. can be a bad place to buy a car
When it comes to consumer protection, almost every other state does more than Georgia to protect car buyers.


Day Two
Don't count on consumer agencies
Two state agencies are charged with looking out for consumers in auto deals but they often seem more sympathetic to dealers.



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UPDATES:
• Feb. 6, 2006
Title lenders may find rougher road
State studies changes to ease borrowers' burden.

• Feb. 12, 2006
Title lenders pull out wallets
Politicians say they can't be bought.

• Feb. 21, 2006
Interest could top 300%
No-cap bill mirrors donor's blueprint.





ONLINE SPECIALS

Think you know?
Before you buy a car in Georgia, take this quiz

Car-buying tips
Helpful advice, from titles to financing.
Clark Howard's warnings

Resources
How to trace a car's history, find complaints against dealers and more.

At a glance
A look at actions taken by Georgia's used car board.

This series was reported and written by Ann Hardie, Carrie Teegardin and Alan Judd. Ann Hardie can be contacted at ahardie@ajc.com, Carrie Teegardin at cteegardin@ajc.com, and Alan Judd at ajudd@ajc.com. Or contact the reporters at 404-526-2681.


Georgia's lending laws and you

Atlanta Journal-Constitution reporters Ann Hardie, Alan Judd and Carrie Teegardin analyzed how Georgia lending laws affect consumers, creditors and regulators. These articles are the first installment in an ongoing series. Contact the reporters at 404-526-2681.

Day One
Harsh lending laws fail consumers
Georgia is an unforgiving state for people who owe money, perhaps the least forgiving in the nation.

Swift foreclosures dash dream
Georgia professes to support the American ideal of home ownership, but no state does less to protect the homes of citizens hit by hard times.


Day Two
Lender takes all in repo cases
The cost is high and so is the risk for borrowers who post car titles as collateral for quick cash.
The story of Willie Hampton

Day Three
Small loans among costliest in U.S.
Lenders often pack small loans with insurance and other extras that spike costs for consumers.
Lenders win, lose in Gold Dome battles

Day Four
Quail hunts a lobbying tool
An insurer opens a hunting preserve to politicians and lenders alike -- and bags allies.

UPDATES:

• March 3, 2005
Title loan extended beyond control
Lawmakers seek safeguards for borrowers.

• April 3, 2005
Tax loans: Quick cash, steep price
Firms get around rules to limit interest rates.

• April 12, 2005
Tax refund loans take big bite here
Low-income families often high-interest borrowers.

• Jan. 25, 2009
Georgia may regulate lax title pawn loans
Bill would require brokers to return any proceeds in excess of loan principal, interest and fees.




ONLINE SPECIALS

How savvy are you?
Before you borrow money in Georgia, take this quiz

Bankruptcy in Georgia
A county-by-county clickable map

Bankruptcy across
the nation

Search the personal bankruptcy rate for any county in the U.S.

What's your story?
Have you had a "Borrower Beware" experience in Georgia? Help others and share what you learned.

At a glance
How a $700 loan came to cost much more

Resources
Buying a home? Trouble meeting your mortgage?

Home foreclosures
When can a lender foreclose? Plus, answers to other questions

This series was edited by Donna Lorenz, designed by Rick Crotts and copy-edited by Sharon Bailey. David A. Milliron, computer-assisted reporting and analysis editor, and AJC news researchers Nisa Asokan and Alice Wertheim contributed to the reporting. Equisystems LLC compiled the foreclosure data.

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