Monthly Archives: October 2017

Could Car Title Loans Ruin Your Finances?

One in five people aged 45 to 64 with an income of less than $50,000 used a vehicle for a short-term loan. And about a third of people age 65 and older have received car title loans. “The reason almost everyone gets these loans is normally to pay an immediate expense,” like a gas or electric bill or a credit ...

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What are car title loans? – Chronicles of Times Square

Once you’ve decided to get a car title loan, it’s extremely important to know what you’re getting into, otherwise loan services can unduly benefit you. It’s an amazing opportunity to get some quick cash when you own a vehicle with a good free and clear title. However, you need to be sure that if something gets worse and you are ...

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Lawmakers seek to end triple-digit interest on payday loans and car titles

By Charlene Crowell / NNPA Newswire A group of Washington lawmakers are joining forces and influence to legislate a crackdown on predatory lending nationwide. Seventeen U.S. House lawmakers and eight U.S. senators are backing companion bills that would cut the cost of payday loans and car titles from their typical 300% annual interest rate to no more than 36 % ...

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