Predatory Lending Practices: Car Title Loans

August 12, 2010

Car title loans are frequently used by those in desperate situations. The car title loan industry has received a lot of negative attention for predatory lending practices. Here are a few reasons that you should stay away from car title loans. Interest Rates One of the biggest reasons that you should try to avoid dealing [...]

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Car Title Loan Requriements

August 6, 2010

A car title loan can be a good source for quick cash with minimum hassle for those who own a car outright. Having the documentation required can speed up an already-fast process so that you get your loan in the shortest time possible.  Car Title Loans Explained All lending weighs the risk the lender faces [...]

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5 Regulations that Protect Borrowers from Car Title Loan Lenders

August 6, 2010

If you own your car, you are eligible for a car title loan. Car title loans use the vehicle as collateral, and are often granted within minutes of applying. There is no need for a credit check, and lenders often grant up to 50% of the car’s value with no problem. These types of loans [...]

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The Consequences of Defaulting on a Car Title Loan

August 3, 2010

A car title loan is a primary example of a secured cash advance. If you need cash in the short run for an expense, you can liquidate a portion of the equity in your automobile to meet the need. You may be able to do this directly with your auto lender if your loan is [...]

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