If you need cash fast, a title loan may be the answer. These loans are relatively easy to obtain, but there are a few things you need to know before applying. In this blog post, we’ll discuss four important things you need to know about title lending. We’ll also give you some tips on how […]
Tag: title loans
What to Know About Car Title Loans and How It Works
[ad_1] 212Loan Get to know what a car title loan is and how it works. NEW YORK, NEW YORK, UNITED STATES, July 25, 2021 /EINPresswire.com/ – Need money quickly to pay rent, bills or deal with emergencies? Then an auto title loan could be the answer to your money problems. A car title loan is […]
ChoiceCash Title Loans, served by LoanMart, expand to
[ad_1] VAN NUYS, Calif., May 27, 2021 (GLOBE NEWSWIRE) – Starting in 2021, qualified residents of Virginia and Wisconsin have the option of accessing ChoiceCash securities lending, managed by LoanMart. Previously, ChoiceCash securities loans were available to qualified residents of California, District of Columbia, Florida, Indiana, Kansas, Kentucky, Michigan, Mississippi, Ohio, United States of America. […]
How To Find The Best Securities Loans Online
Sometimes life circumstances require you to assess your financial situation, and you may decide to go for a title loan to cover an unforeseen expense. Although this type of loan comes with high interest rates and often requires you to comply in the short term, some people choose them because they do not take into […]
How to Choose the Best Online Business?
If you are someone stuck in a scorching world looking for a solution to your financial problems, then you need to set yourself up for car title loans online is the best way to save your savings account to save money for larger purchases. For extra income, you can also find a second job to […]
The Ultimate Beginner’s Guide to Auto Title Lending
Our cars are our trusted partners for transportation, business, leisure and any other activity involving getting from point A to point B. When we are facing tough times, especially when it comes to finances, our cars not only help us get to banks and lending institutions, they can also be the key to getting the […]
GSB takes out car title loans to keep interest rates low
The GSB logo on display at a Money Expo. The state-backed bank introduces auto title loans to put pressure on interest rates. (Photo by Patipat Janthong) The Government Savings Bank (GSB) plans to enter the auto securities lending market with a focus on retail loans worth up to 200,000 baht per borrower. The bank’s penetration […]
Are title pawns, title loans allowed in Georgia?
These loans are extremely popular in recent times in the South. But many don’t know the difference and legality of the title loan and Pawns. Many of you who read this might not have realized they were distinct until this point but that’s fine! We’ll explain everything. The distinction of title loans and Pawns It’s true They’re very […]
Are title pawns and title loans legal in Georgia?
New usury laws to make title pawns safer for you I hope we haven’t just pushed you away from getting a title pawn. Why? Because Georgia has adopted some new usury laws to make acquiring one much safer for you. Let’s take a look at the details. As we mentioned at the start, title pawns […]
How Do Car Title Loans Work?
All loans carry risk if they are not repaid on time. One particularly worrying consequence of a car title loan if you default on your payment obligations is that 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 […]
Why Car Title Loans Have Become a Popular Choice
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, […]
Max Cash ™ Title Loans Analyzes the Challenges of the COVID-19 Effect on the Securities Lending Industry
TEMPE, Arizona., April 28, 2020 / PRNewswire / – Title Deed Lenders United States currently suffer 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 everything […]
What you need to know about payday loans and auto title loans
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 […]
Important Things To Know About San Francisco Car Title Loans
San Francisco is known to be a culturally wealthy 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 […]
Consumer advocacy group hopes elected officials will close ‘loophole’ car title loans | News
ATLANTA (CBS46) — A consumer advocacy group is pushing for Georgian lawmakers to pass a law the group says will prevent lenders from taking advantage of consumers. A representative from Georgia Watch, a statewide consumer advocacy group, testified Monday at the Georgia State Capitol to urge lawmakers to pass the Motor Vehicle Title Loan Act, […]
Georgia senator seeks to cap interest rates on auto title lending
A bill proposed in the Georgia Senate would cap the interest rate on auto title loans and limit the amount lenders could receive 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 because […]
Car title loans face interest rate caps in Georgia Senate bill
ATLANTA – The practice of pledging car title to make ends meet could become a bit more restrictive in Georgia under a bill with bipartisan backing. By using a vehicle as collateral, auto title loans quickly provide small amounts of money to cash-strapped borrowers without the need for a credit check. The loans, which can […]
Payday loans and car titles need reform
By Rabbi Gary S. CreditorWhen my wife and I applied for our first credit card, I looked forward to it until it arrived. When we applied for our first car loan, I had no doubt that we would be approved. When we applied for our mortgage I was also sure, but amazed at the amount […]
Arizona car title loans must be capped to save the poor
Opinion: As pastors, we care for the vulnerable. That’s why we support Arizona’s Fair Lending Act, which limits interest on title loans to 36%. Abigail Conley and Randy Reynolds | opinion contributors In this season, Christians observe Advent – awaiting the arrival of the One we believe has come to redeem the earth. It’s a […]
Arizona Fair Lending Act Would Ban High Interest Car Title Lending
Signature collectors are starting to roll out across Arizona in an attempt to curb one type of high interest loan in the state. About 20 community groups on Tuesday launched a campaign to label a measure that would cut car loans with high interest rates and, critics say, trap borrowers in a cycle of debt. […]
Program helps residents of Maricopa County repay auto title loans
When Rakesha Hill’s car broke down, she didn’t have $ 700 to pay for a mechanic. Mesa, a mother of three, 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 […]
The Dangerous Truth About Auto Title Loans For Bad Credit
If you have a clear, free car, but need the cash quickly, you might find yourself leaning towards a title loan. It could be the first step on a slippery slope – one that you should avoid. Here we discuss how dangerous these loans are and why. How securities lending works Auto title loans are […]
Car title loans trap low-income families in debt
In December 2014, Paul Gillespie’s wife died of a heart attack. He buried her on a Tuesday. More difficult news arrived on Saturday: his landlord called and said she was selling the building, and he and his two teenage daughters needed to find new accommodation. Gillespie has moved. But the bad times kept coming: the […]
The Ultimate Guide to Securities Lending
Post views: 3,825 The safe, clear and secure for fast cash securities lending. Guaranteed load probability means you can turn all or part of your line of credit control into installment loans with a fixed cost and bonded payments. Understanding Securities Lending A title loan is a product presented by various financing organizations. The preface […]
Advantage Finance LLC Now Offers Extended Payment Plans for Auto Title Lending and Title Lending Buyouts in Houston and Area
Stuck in a 30 day title loan? visit our website https://www.cartitleloanshouston.com for a quick quote. HOUSTON (PRWEB) November 13, 2017 Advantage Finance, LLC, a full-service auto title loan finance company serving Houston and surrounding areas, recognized a need in the auto title loan industry: to provide consumers with an alternative to high-cost auto title loans. […]
Could Car Title Loans Ruin Your Finances?
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 65 and over have received car title loans. “The reason almost everyone gets these loans is normally to pay for an immediate expense,” like a gas […]
Why auto title loans are a bad idea
If you are strapped for cash and own your car for free, an auto title loan can seem like a good way to get cash quickly when you need it. But auto title loans are among the most expensive types of credit you can get, along with payday loans and pawn shops. All of these […]
Lend A Hand Program Helps Arizona Residents Pay Off Car Loans
Four community-based organizations are launching a program to rescue residents of Maricopa County who are struggling to pay off expensive title loans and help them get on the path to healthy credit and financial success. The program is called “Lend a Hand” and is offered through a partnership between the Arizona Community Foundation, MariSol Federal […]
Title Loans Vs Payday Loans: What’s The Difference?
Securities and Payday Loans: An Overview Asking if title loans or payday loans are better is like asking which disease is best to get in winter. Both loan products feature usurious interest rates, adverse terms, and potentially aggressive collection tactics. A significant difference between a title loan and a payday loan is how you can […]
8 cheaper ways to raise cash than car title loans
Some people in need of emergency cash may rush to the nearest car title lender for a quick loan, but that’s far from the best option. A car title loan, also known as a “pink slip loan,” is a short-term loan that requires borrowers to offer their vehicle as collateral for outstanding debt. Interest rates […]
Lawmakers push for interest rate caps on payday and securities loans | News
ALBUQUERQUE — Neon signs, some flashing neon, lure passers-by along historic Route 66 with promises of quick cash if they hit a dead end. Window dressings in malls, converted gas stations and other storefronts in New Mexico’s largest city signal to potential customers that they won’t have to “pay the maximum”. The payday loan and […]
Turn your car into cash with title loans – New Business Ethiopia
You no longer have savings funds? Are you having trouble paying your debts? Life is of course uncertain. You can face ups and downs there. You may need to make urgent payments such as medical bills, utility bills, legal fees, repairs, mortgage payments, etc. Trying to manage all those bills could be absolutely impossible. You […]
TitleMax appeals judge’s decision to cancel and repay title loans
TitleMax has appealed a judge’s decision to cancel and repay approximately 6,140 title loans to Nevada customers. Thursday’s filing includes no new information, only a motion for judicial review in court for the 8th District. State law requires TitleMax to file a more detailed document within 40 days of written notice. From the time state […]
Michigan curbs illegal auto title lending
Financially troubled Michigan drivers who have turned to bad title loans for cash may find some relief after action by the state’s attorney general’s office. Michigan Attorney General Bill Schuette has fought to stop illegal auto title loan recoveries offered to Michigan consumers by Liquidation, which does business as AutoLoans, Sovereign Lending Solutions, Car Loan […]
Payday loans and auto title loans face tough new crackdown
Payday loans will be severely restricted under new rules proposed today by federal regulators. Primarily, the rules will require lenders to ensure consumers can afford to repay loans and will require lenders to report loans to a credit bureau-like entity to track the number of outstanding loans and the amount owed. . The rules proposed […]
One-time payment car title loans can cause long-term debt
Most borrowers who take out a one-time payment car title loan end up borrowing again because they can’t afford to make the payment when due, according to a new federal study. That’s why a lot of auto title business comes from borrowers who end up taking out multiple loans in a row and staying in […]
Arizona legislator wants restrictions on securities lending | Local News
By Howard Fischer Capitol Media Services PHOENIX — A state lawmaker who fought to rid Arizona of payday lenders now wants new restrictions on the securities lending industry. Representative Debbie McCune Davis, D-Phoenix, said the triple-digit interest rates charged to consumers are as abusive as those charged by now-defunct companies that provided short-term payday loans. […]
Title Lending: Grand Theft Auto
Remark: Recently released government data on small loans in New Mexico confirms what consumer advocates have known all along. Title loan borrowers might as well pay a thief to steal their car. Approximately 41,000 securities loans were made in New Mexico in 2014 and 10,000 vehicles were repossessed. As awful as that sounds, it doesn’t […]
Auto title loans offer quick cash for holidays, but critics warn of rising debt – Reuters
Scott Sweetalla, an auto loan customer, had his car repossessed by a lender due to high interest rates. “The money you would get from these people is not worth what happens later,” he said. (Photo by Erica Lang/Cronkite News) Advertisements and online listings for auto title loans make them especially attractive during the holiday season […]
Auto title loans are riskier than payday loans, new report says
When you’re desperate for cash and run out of options, you might be willing to risk your car to save time. This is what happens with an auto title loan. You keep your car, but assign title to the lender who uses the vehicle as collateral. If you don’t pay on time, the lender can […]
A New Way to Tackle the Poor: Car Title Loans
The rusty 1994 Oldsmobile sitting in an alley just outside of St. Louis was an unlikely ATM. That was until the owner of the car, a 30-year-old hospital lab technician, saw a TV commercial describing how to get money from such a car, in the form of a short-term loan. Lab technician Caroline O’Connor, who […]
Wisconsin Auto Title Loan Settlement Pays Consumers $1.8 Million
Through Gitte Laasby from Sentinel Diary Around 19,000 customers from Wisconsin Auto Title Loans Inc. received checks to compensate them for being tricked or forced to pay for insurance-like memberships on top of their high-interest short-term loans. Wisconsin Auto Title Loans paid a total of approximately $1.8 million to $1.9 million to consumers in a […]
Wisconsin Auto Title Loans agrees to $2.75 million settlement
Through Gitte Laasby from Sentinel Diary UPDATE: Checks have been issued as part of the Wisconsin Auto Title Loans Inc. settlement. If you were expecting payment but have not received one, please see this story for a possible explanation and advice on what to do if you have questions. After a 10-year battle, state officials […]
The problem with car title loans is NOT that people lose their cars | News
A stock lending store in Nashville, Tenn. (Joe Howell/Vanderbilt) According to three researchers led by Vanderbilt’s Paige Marta Skiba, the standard swipe at car title loans is a toothless claim that the deal leads to people losing their cars and then their jobs because they have no means. transportation to get to work. “Repossession affects […]
Auto Title Loans Put Borrowers’ Wheels at Risk: Plain Dealing
Associated Press The payday loan industry is tempting cash-strapped Ohioans with an even riskier product: auto title loans. Consumers who cannot repay these expensive short-term loans could lose their car. Like payday loans, auto title loans have three-digit annual percentage rates and fast payback times. Lenders make money by issuing a series of new loans […]
Good option for quick cash? – Denver Post
Read In pictures: 8 ways to survive a market downturn You need money fast, but what if a bad credit rating prevents you from accessing traditional short-term loans or lines of credit? Taking out a car title loan is a way to get your hands on quick cash with no credit check and minimal income […]
Why car title loans are a bad idea
(AOL Autos) — Cash advances are not a new concept in American capitalism. Many people saw the ads with a guy barking, “Bad credit, no credit, no problem!” Or, “Don’t worry about credit, I own the bank!” In addition to high interest rates, these car title loans usually include a number of fees that add […]