vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a... lien-free car title in their name, references, and car insurance, though not all states...
Here's a list of what you need to qualify for a car title loan. Most important: having sole ownership of your car with no liens.
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A car title loan is a type of short-term loan in which the borrower pledges their car as collateral. These auto title loans can be predatory since borrowing terms are often unfavorable and can lead...
Illinois, Missouri, Nevada, New and Wisconsin set no cap on the cost of a car title loan. Loophole: Car title lenders operate in six additional states by structuring loans to fall under...
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Illinois Governor J.B. Pritzker on Tuesday signed a bill into law that will cap rates at 36% on consumer loans, including payday and car title loans.