Category: Car Cash Loans
Popular belief is that people who take out car title loans and other non-traditional loans are all inner-city, unemployed or minimum-wage workers. While there is nothing wrong with those people, this is far from the truth. According to the Cato institute, the American Association of Responsible Auto Lenders (AARAL) reports that a typical member’s customer … Continue reading The Average Title Loan Customer May Not Be Who You Think It Is
While driving down the road, you probably see many of the familiar businesses that are advertised all over. You may see Wal-Mart, Target, Shell, McDonalds and various other household names. However, if you pay attention, you’ll notice that most of the businesses that you see are small businesses. According to the Small Business Administration, 99.9 … Continue reading Why Title Loans Make Sense For Small Businesses
Most banks do not lend relatively small amounts of money out. Sure, that water bill that is now at $500 may seem like a lot to you, but your bank probably won’t see it that way. They’d rather focus on larger customers. Where does this leave you if you need just enough to cover a … Continue reading Need a Few Hundred Dollars? The Bank Probably Won’t Help
A common perception of title loan customers is that they are fools who can’t control their spending. Some believe that they’ll go out and buy unnecessary items like jewelry or spend it all on entertainment. While the above is true in some cases, it represents a very small percentage of title loan customers. According to … Continue reading Myth: Title Loan Customers Use Their Funds Irresponsibly
If you are a young adult, you probably have little to no credit. This will particularly be the case if you paid cash for your vehicle, as an auto loan would have helped build your credit. That can be a huge problem if you would like to borrow money. Suppose that you have an important … Continue reading Have No Credit? Consider a Title Loan
If you need quick cash, a title loan is a viable option. However, you may wonder if you are going to have to jump through hoops to get such a loan. After all, if banks won’t lend you money, will anyone else want to? Let’s take a look at whether or not it is difficult … Continue reading Is it Difficult to Get a Title Loan?
High interest rates are a hot button topic in the title loan business. Some may suggest that you steer clear of such loans because of them. So, how much interest will you actually pay on a title loan? What will happen if you don’t pay it off on time? Is it worth it? Let’s examine … Continue reading How Much Interest Will I Pay on a Title Loan?
The saying is that deferred maintenance always costs more in the end. Every American has been faced with this choice. Your transmission needs to be repaired, or your check engine light has been on for a week now. The best thing to do would be to fix the problem as soon as possible. But what … Continue reading Deferred Maintenance Makes a Title Loan a Great Option
A car title loan involves borrowing money and using your car as security. You get to retain possession of your vehicle and continue to drive the car when you take a car title loan, as long as you repay the loan according to the terms of your agreement with the lender. The lender will take … Continue reading How Do You Repay a Car Title Loan?
A car title loan, like a payday loan, allows you to obtain a cash loan much more quickly and easily than traditional credit based loans from banks and credit unions. A car title loan does not require a credit check and the amount of money you can borrow is not based on whether you have … Continue reading How Much Can I Borrow on a Car Title Loan?
- No Credit Check