Senator Klein Discusses the Sub-Prime Auto Loan Issue at Hearing Held By Senate Committee on Banks

Jeffrey D. Klein

April 21, 2015

State Senator Jeff Klein along with Senator Diane Savino and the Senate Banks Committee examine the sub-prime auto loan and auto title loan industry at a hearing on Wednesday to determine possible legislative and/or regulatory solutions. The Committee spoke with experts to determine how to best protect consumers from harmful business practices without impeding on financing options for low-income individuals.