My question involves collection proceedings in the State of: Texas
I got a car title loan in April 2014. I made my 1st payment of $480 in May in which they gave me a receipt & had me resign another 30 day loan agreement. In June & July, I made the same $480 payment but didn't receive a receipt or resign a 30 day loan agreement. Are they doing something illegal by not making me resign the loan & giving me a receipt ? Does this open up any doors to escape from the original loan since they aren't following any of the Texas laws & other Fair Lending Laws ?
I got a car title loan in April 2014. I made my 1st payment of $480 in May in which they gave me a receipt & had me resign another 30 day loan agreement. In June & July, I made the same $480 payment but didn't receive a receipt or resign a 30 day loan agreement. Are they doing something illegal by not making me resign the loan & giving me a receipt ? Does this open up any doors to escape from the original loan since they aren't following any of the Texas laws & other Fair Lending Laws ?
Loan Agreements: Car Title Loan
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