SAVANNAH, Ga. (WTOC) - It’s something people will do when they’re desperate for money: relinquish their car’s title for quick cash. But financial experts say car title loans are risky business. That’s ...
Car title loans allow you to borrow money using your vehicle as collateral. Title loans have high interest rates, and could result in loss of the vehicle if you fail to make payments. Many or all of ...
Learn how to compare auto refinance loans to find your best option.
There are ways to get out of a car title loan, including negotiating with the lender, paying off the loan in full or refinancing with a lower-cost loan. Defaulting on a car title loan can have serious ...
Discover when and how to refinance a car loan after 60 to 90 days, the factors to weigh, and how waiting can benefit your financial goals.
Refinancing doesn't, but extending your repayment term might feel similar.
Colin Beresford is a writer and editor experienced in helping people make the best decisions with their money, whether it's buying a car or taking on a loan. He has written for Bloomberg, The ...
Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and cybersecurity. Her expertise includes personal finance, insurance, real estate, and ...
Title loans use your vehicle as collateral and can charge 300% APR, making them very costly. If you can't repay a title loan on time, the lender may repossess and sell your vehicle. Consider smaller ...
Title loans are expensive short-term loans that use your vehicle’s title as collateral. While title loans have both pros and cons, the drawbacks heavily outweigh the benefits. Title loans are illegal ...