Find out the meaning of a car title loan will be, and also how the process functions. Car title loans are a type of short-term loan in which the borrower is able to use the title of his vehicle or truck, motorcycle tractor-trailer, or another automobile as collateral. In simple terms, a car title loan is […]
LOS ANGELES, December 23, 2020 / PRNewswire / – When an emergency arises and you need cash quickly, using a vehicle as collateral for a loan can be a good solution. But if you are considering a title loan or a registration loan, it is essential to understand what defines these very different types of […]
Securities lending has become very popular in the South in recent years. However, many people are unaware of the difference and legality behind title loans and title pawns. Some of you reading this may not have known they were different until this second – and that’s okay! We will tell you everything. The difference between […]
Car title loans give you quick cash – often between $ 100 and $ 10,000 – in exchange for your vehicle’s title as collateral. This is a type of secured, property-backed loan that the lender can take if you don’t pay. These loans are expensive, with high fees and annual percentage rates often exceeding 260%. […]
All loans carry risk if they are not repaid on time. One particularly troubling consequence of a car title loan, however, is if you default on your payment obligations: the lender can take your vehicle. Before you consider getting a title loan, think about the potential potholes you will encounter if you use your vehicle […]
Are you looking for any type of loan or financing? You need to find the right lender in order to enjoy peace of mind and reassurance. You will find many different loan products and lenders these days. However, your situation will determine the types of loans you are eligible for, such as car title loans. […]
Millions of Americans have suffered job or income loss due to the coronavirus pandemic. If you are among them and are considering taking out a car pawn loan to help you meet your expenses, think carefully. Taking out a loan against the value of your car seems simple. Lenders give you money in exchange for […]
Whenever you have financial needs, you start tapping into the best financial solutions. The two main options you can make the most of are quick title loans or traditional car loans. It’s time to find out why people only opt for the first option. Traditional Car Loan Vs. Modern Car Title Loan You should clarify […]
In recent years, people have been able to turn to all kinds of solutions for their financial needs. Those looking to borrow money will find many options, but not all options are necessarily available to individuals. This is because various factors are taken into consideration when it comes to loans, such as your credit score, […]
TEMPE, Arizona., April 28, 2020 / PRNewswire / – Title Deed Lenders United States are currently suffering a decline of 69% and up to 90% in other parts of the country. Pawn shops are experiencing unprecedented growth as Americans attempt to sell property for cash. Due to this car title loan, lenders have adapted to […]
If the coronavirus pandemic is causing you financial stress, you are not alone. Millions of Americans have lost all or part of their income because they cannot work. Government economic impact payments can help, but some people may look for other ways to borrow money for a short period of time. They may consider options […]
San Francisco is known for being a culturally rich and progressive city that has been highly acclaimed as one of the best financial centers in the United States today. Even though San Francisco is a beautiful city that boasts of fun and exhilarating destinations, it could be quite a stressful and demanding place for people […]
ATLANTA — The practice of pawning your car title to make ends meet could get a little more restrictive in Georgia under a bill that has bipartisan support. Using a vehicle as collateral, auto-title loans provide small amounts of money quickly to cash-strapped borrowers, without the need for a credit check. The loans, which can […]
A proposed bill in the Georgia Senate would cap the interest rate on car title loans and limit the amount lenders could collect in the event of default. Senate Bill 329 was introduced in late January by state senators Randy Robertson, Chuck Hufstetler, Zahra Karinshak, Ed Harbison and Sheikh Rahman. The bill is bipartisan as […]
By Rabbi Gary S. CreditorWhen my wife and I applied for our first credit card, I eagerly waited for it to arrive. When we applied for our first car loan, I had no doubts that we would be approved. When we applied for our mortgage, I was also certain, but amazed at the amount of […]
In this season, Christians observe Advent – awaiting the arrival of the One we believe has come to redeem the earth. It’s a moment of joy, yes. But it is also a time of reflection on the evils of the world. We walk in the darkness of injustice, war, poverty and greed. As pastors, we […]
When Rakesha Hill’s car broke down, she didn’t have $700 to pay a mechanic. The mother of three from Mesa earns a modest salary working for a charity that helps homeless families. So, in a pinch, Hill took out a car title loan. “It was the only option I had at the time,” she said. […]
If you have a free and clear car, but need cash fast, you might find yourself turning to a title loan. It could be the first step down a slippery slope – one you should avoid. Here we discuss how dangerous these loans are and why. How Securities Lending Works Auto title loans are a […]
In December 2014, Paul Gillespie’s wife died of a heart attack. He buried her on a Tuesday. On Saturday, tougher news came: Her landlord called and said she was selling the building, and he and his two teenage daughters had to find a new place to live. Gillespie has moved. But the bad times follow: […]
One in five people aged 45 to 64 with an income of less than $50,000 used a vehicle for a short-term loan. And about a third of people age 65 and older have received car title loans. “The reason almost everyone gets these loans is normally to pay an immediate expense,” like a gas or […]