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  2. How do title loans work, and are they ever worth the risk? - AOL

    www.aol.com/finance/title-loans-ever-worth-risk...

    The application fee is capped at $20, and you’ll pay no more than 28 percent in interest. This makes payday alternative loans more affordable than car title loans and some bad credit personal loans.

  3. TitleMax - Wikipedia

    en.wikipedia.org/wiki/TitleMax

    A Nevada Court Judge ordered TMX Finance to void over 6,000 loans due to these unlawful practices. [13] In 2019, TitleMax was subject to a fine of $25,000 [ 14 ] and a $700,000 refund to more than 21,000 customers to resolve allegations of excessive interest and fee charges.

  4. Title loan - Wikipedia

    en.wikipedia.org/wiki/Title_loan

    A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [ 2 ]

  5. Vehicle title - Wikipedia

    en.wikipedia.org/wiki/Vehicle_title

    In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...

  6. How to get out of a title loan: 5 legal title loan loopholes

    www.aol.com/finance/title-loan-5-legal-title...

    There are five main ways to get out of a car title loan. There are five main ways to get out of a car title loan. ... 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...

  7. What are instant loans? Everything you need to know - AOL

    www.aol.com/finance/instant-loans-everything...

    24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. ... Car title loan. Also known as a pink slip loan, this loan is secured by your vehicle’s title. You still ...

  8. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    A car title loan is secured by the borrower's car, but are available only to borrowers who hold clear title (i.e., no other loans) to a vehicle. The maximum amount of the loan is some fraction of the resale value of the car. A similar credit facility seen in the UK is a logbook loan secured against a car's logbook, which the lender retains. [100]

  9. How To Buy a Car from Someone with a Loan - AOL

    www.aol.com/finance/buying-car-lien-purchase...

    All loans on a car with a lien must be paid off before the seller can transfer clear title to you to complete the transaction. Check Out: 6 Unusual Ways To Make Extra Money (That Actually Work)

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