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For example, car title loans, where drivers borrow money using their car as collateral, can charge as much as a 300% annual percentage rate (APR), according to the Federal Trade Commission.
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Before making up your mind, consider both the short- and long-term effects of borrowing against your own money to determine if a passbook loan is best for you. Pros Lower interest rates.
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So for anyone who is desperate to buy a car but can't, here goes... I had dinner at a restaurant with a relative recently, and when we went out When buying, borrowing or stealing a car isn't an option
For his part, Miller says the company makes it as hard as possible for a customer unable to make payments to actually lose her car. The minimum payment is 1% of the outstanding balance plus ...
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