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By Barnes Law Group, LLC on 11/22/2011
Click here to read the article published in the Atlanta Journal & Constitution on November 17, 2011. 
By Barnes Law Group, LLC on 11/22/2011
Click here to read the Associated Press article by Russ Bynum. 
By Barnes Law Group, LLC on 11/16/2011
Ft. Benning, Ga. (11/11/11) – Exemplifying his Infantry motto, Follow Me, United States Army Infantryman and Purple Heart recipient, SSG Jason Cox, hopes to stop predatory title loans from being made to members of the military and their dependents. Flanked by Georgia’s former Governor, Staff Sergeant Cox filed a nationwide class action lawsuit against the Atlanta-based title pawn lenders Community Loans of America, Inc., its wholly owned subsidiary, Alabama Title Loans, Inc., and 900 related corporate entities operating in 22 states.

The federal court suit, filed on Veteran’s Day in Columbus, is based on the special lending protections given to active duty service members and their dependents under the Military Lending Act of 2007, a federal law that prohibits creditors from charging more than 36% APR on title and payday loans and requiring service members to give up the title to their vehicle as security of the loan. Lawmakers passed the MLA after the Pentagon reported in 2006 that “Predatory lending undermines military readiness, harms the morale of troops and their families, and adds to the cost of fielding an all-volunteer fighting force.”

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By Barnes Law Group, LLC on 11/16/2011
If you are an active duty service member and had a vehicle title loan or payday loan, we may be able to help.  Click here for a free evaluation.   
 
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