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A car title loan, also known as an auto title loan or pink slip loan, is a short-term loan that uses your car as collateral. Find out how car title loans work.
Car title loans are a convenient way to get fast cash if you own your vehicle outright. These loans aren't without risk, though, as they use your vehicle as collateral and come with steep ...
Car title loans allow you to borrow money using your vehicle as collateral. Title loans have high interest rates, and could result in loss of the vehicle if you fail to make payments.
Title loans are a type of loan consumers might consider if their options are limited. Despite the risky loan terms, here's why people still use them.
Many car title loans may be granted for a shorter period of 30 days, resulting in borrowers obtaining rollover loans to cover loan repayments, fees, and penalties.
But financial experts say car title loans are risky business. That’s because people often can’t pay off the loan in time and either lose their car or end up paying the lender way more than they owed ...
A title loan is a short-term, exorbitantly expensive loan whereby you use a vehicle as collateral to get quick cash.
Auto title loans grew in usage after many state legislatures capped the interest rate on payday loans. To skirt around new regulations, several payday lenders rebranded or reconfigured themselves ...
There are ways to get out of a car title loan, including negotiating with the lender, paying off the loan in full or refinancing with a lower-cost loan. Defaulting on a car title loan can have ...