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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 exceeding the interest rates on ...
The title loan industry is fragmented, with dozens of players ranging from small mom-and-pop locations to nationwide operators with thousands of locations. VIEW E-EDITION 25¢ for 3 mos ...
A car title loan is a loan secured by your vehicle's value. The value of your car determines the monetary amount you can borrow from the lender. The amount can vary, so you could sign a lease for ...
Title loan companies typically allow you to borrow 25% to 50% of the vehicle’s value. Borrowers usually have 15 to 30 days to repay the loan. Car title loans charge an average monthly fee of ...
Use our guide to compare the best payday and title loan companies, research qualifications and read consumer reviews. ... Car title loans; Type of debt: Unsecured Secured with vehicle ...
A title loan, also known as a car title loan, is a short-term loan that lets you borrow against your car’s title. These loans usually last 15 to 30 days and let you borrow 25% to 50% of your ...
You take your car to a title loan company and the required documentation for the application. Your vehicle is worth $5,000, so you could technically borrow up to $2,500, but you only take the ...
Once you’ve made the final payment on your loan, you can get the title from your lender and become the full owner of your car. Learn how the process works.
Starting a car title loan business can help people in your community obtain quick cash for emergency expenses. Title loan companies are not banks. Instead, they function as cash advance stores ...
Pennsylvania Attorney General Michelle Henry has an issue with auto title loan lenders. First, the interest rates are very high -- in a recent case, as high as 300%. Not only are they high ...