Monthly Archives: March 2015

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 repossess your wheels. But the ...

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