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Total Loan Amount, $40,000.00 ; Sale Tax, $3,500.00 ; Upfront Payment, $15,500.00 ; Total of 60 Loan Payments, $45,290.96
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An auto title loan is a short-term cash loan, in which the consumer’s title to the vehicle (car, truck, motorcycle) serves as collateral. If the consumer misses payments or does not repay the loan...
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