Car title loans offer you quick cash — often between $100 and $10,000 — in exchange for your vehicle’s title as collateral. They’re a type of secured loan, one backed by property the ...

High-interest rates and fees. One of the primary ways car title loan companies profit is through exorbitant interest rates. These rates can range from 25 t percent to 300 percent annually, far ...

Unlike with a car loan, the lender keeps the title to the vehicle, places a lien on it, and gives the money to the borrower.. The loan limit is generally 25% to 50% of the car's cash value. The ...

Title loans require the botions to Title Loarrower to put up an asset, such as a car, as collateral. Title loans can be available to borrowers with poor credit, but they can also be very expensive.

A car title loan is a type of secured loan in which your vehicle’s title is used as collateral. It can provide a relatively quick and easy way to access cash in times of financial need. In most cases, ...

A car title loan is a type of short-term loan in which the borrower pledges their car as collateral. These auto title loans can be predatory since borrowing terms are often unfavorable and can ...

More than 1.1 million households in the U.S. used auto title loans in 2013, according to a survey by the Federal Deposit Insurance Corp. - the first time the agency has included such loans in its ...

For years payday lenders have been the bad guy in the predatory lending debate while their close cousin, car title lenders, have cruised along unnoticed and unregulated in some states. IE 11 is ...

Auto title lenders advertise heavily to convince cash-strapped Ohioans to borrow against their paid-off cars, but what you won't hear in those commercials is that the annualized interest rate on ...

Using her car as collateral, she took out a title loan on the July 8. “I wanted to borrow exactly the $2,500. But from my understanding, it will be a long time to pay it back,” she said.