Consumer Reports on Avoiding Predatory Car Repair Loans

Proper now isn’t a terrific time to invest in a new motor vehicle or a utilized car or truck, but from time to time it is unavoidable. Some folks might decide for automobile repairs as a substitute of buying a new car. With that claimed, Buyer Reviews wishes folks to be informed of predatory car or truck mend financial loans that could have you overpaying.

Shopper Studies wants you to steer clear of predatory motor vehicle fix loans

A motor vehicle maintenance store in Charleston, South Carolina | Brownie Harris/Corbis by using Getty Photos

Consumer Reports did not beat all over the bush when naming names in a latest report. The stores outlined are Jiffy Lube, AAMCO, Meineke, Major O Tires, Grease Monkey, Midas, and Precision Tune Automobile Care. The models mentioned earlier are in most towns all-around the U.S. Customer advocacy teams, such as Client Studies, identified that some of these shops are charging shoppers up to 189% interest for primary car repairs.