If you're strapped for cash and you own your car free and clear, an auto title loan might seem like a good way to get some fast cash when you need it. But auto title loans are among the most expensive ...
Borrowers with excellent credit are more likely to get the best interest rates and terms when refinancing an auto loan ...
People who put their cars up as collateral for what are supposed to be short-term emergency loans are being hit with interest rates of 300 percent, a high rate of repossession and long repayment ...
Cash-strapped consumers are being shown a new place to find money: their driveways. Short-term lenders, seeking a detour around newly toughened restrictions on payday and other small loans, are ...
NEW YORK (AP) — People who put their cars up as collateral for what are supposed to be short-term emergency loans are being hit with interest rates of 300 percent, a high rate of repossession and long ...
People who put their cars up as collateral for what are supposed to be short-term emergency loans are being hit with interest rates of 300 percent, a high rate of repossession and long repayment ...
When you’re desperate for cash and have run out of options, you might be willing to risk your car to buy yourself some time. That’s what happens with an auto title loan. You keep your car, but sign ...
Academics are challenging the Consumer Financial Protection Bureau's study of auto title loans, calling the findings inconsistent with state data. The agency's study, released last week, found that ...
Payday loans aren’t the only type of expensive consumer credit that start out as a short-term financial solution but often turn into long-term debt traps, according to a report released Tuesday by the ...
Minnesota is one of 25 states where auto title lenders operate. The other half of the US prohibits high-interest auto title loans. There's a good reason for that, according to a report released ...
Auto title loans in California grew by more than 10% in number and dollar value last year and the market has almost doubled since 2011, according to a new report. Aggregate principal on auto title ...