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The application fee is capped at $20, and you’ll pay no more than 28 percent in interest. This makes payday alternative loans more affordable than car title loans and some bad credit personal loans.
A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]
CCLF was founded in 1991 by a small group of Chicago investors, with an initial investment of $200,000. It has since grown to more than $21 million in total capital under management. [4] The fund's loan history comprises 160 loans totaling over $36 million. [5] The fund has been led by executive director Calvin Holmes since 1998. [6]
TitleMax, Inc. is an American privately owned title lending business with corporate offices in Dallas, Texas and Savannah, Georgia. The company has more than 1,100 stores in sixteen states. The company has more than 1,100 stores in sixteen states.
Loan type. Time to funding. Personal loan, payday loan, title loan. 1-7 business days. Credit card cash advance. Instant. Home equity loan, HELOC. Up to 45 days
It is important to carefully consider all options and budget carefully to avoid getting trapped in a cycle of debt with car title loans. A car title loan is a secured small loan, usually for 25 to ...
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