Ah, the ubiquitous title loan. Such a simple concept – hand over your car’s lien-free title as collateral in exchange for a small loan – and yet such a massive weight of crushing debt that results. In case you’ve been lucky enough to...
Category - Car Title Loans
Taking out a title loan is never a good idea unless you’re absolutely certain that you can pay back the loan in full at the end of the initial 30-day period. The typical borrower can’t, and that’s when the trouble...
Title loans are nasty little beasts that can easily send you into a spiral of debt that is very difficult to get out of. Here’s how a title loan works, in a nutshell: You hand over your car’s title to the lender and get, say, a...
Title loans are nasty little things that can bring you to the precipice of financial ruin quickly and easily. When you need money in an emergency, you can take your vehicle title to a title lender and hand it over for some cash. If you...
Title loans are big business in the United States, to the tune of $3.6 billion in profits stemming from the $1.6 billion loaned every year. In general, taking out a title loan is about as bad for your financial wellbeing as the profits are good...
Title loans are the bane of many existences, but not in Maryland! Not only are title loans illegal in Maryland, but the laws are actually enforced (lookin’ at you, Ohio!) making the Free State free from predatory loans that could send its...
Emergencies are no fun, especially when you’re living paycheck to paycheck and you simply don’t have $1,000 lying around to throw at an unexpected car repair or a plane ticket to Duluth so you can pay your last respects to your...
Taking out a title loan is never a good idea, but if you’re going to do it anyway, it’s always a good idea to do your due diligence and know who and what you’re dealing with before you show up at the store ready to part with...
Title loans are short-term, small dollar, over-secured, high-interest loans that require you to hand over your original car title in order to get the cash. If you default on the loan, the lender can repossess your car, sell it, and put the...
Based on the quality of the writing alone, I’d have to give Fastest Title Loans a pretty mediocre rating. By the time I finished reading each page on their website, my brain was addled and my eyes were crossed. Let me just get this quick...
Title loans are short-term, small-dollar, high-interest loans that are predatory by nature. No credit checks are performed, and no proof of income is required in many cases, which makes these loans easy to get, but only those who don’t...
Title loans are bad, bad news for many, if not most, of the 1.7 million people who take out these high-interest, predatory loans each year. Predatory loans are those that prey on the people who can least afford their extremely high interest...