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 ...
Borrowers with excellent credit are more likely to get the best interest rates and terms when refinancing an auto loan ...
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 ...
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 ...
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 ...
Michigan consumers warned about risks of taking online auto title loans. Lawsuit filed in mid-January alleges Liquidation LLC provides unlawful vehicle title loans. The fight to stop collections on ...
High-interest lenders have circumvented an Arizona ban on payday loans by migrating to auto-title loans, including those where borrowers don't own their vehicles, a study critical of the practice has ...
Activists who had hoped to put controversial auto-title loans before Arizona voters in this fall's election say they are giving up the effort for now, citing a lack of money and time. Community groups ...