2007-09-04 10:00:15 · 6 answers · asked by Jessica C 1 in Cars & Transportation ➔ Insurance & Registration
Hmmm, I don't know what Viagra has to do with title loans...
Yes, they are probably TOO easy. You give them your title, they give you money and you pay back that much and a whole lot more. If you don't pay them back, they come take your car, usually in the middle of the night when you least expect it. Basically legal grand theft auto. If you owe a bunch of money on your car, the lien holder will have the title so you're out of luck in that case. Beware of anything that seems too good.
2007-09-04 10:14:51 · answer #1 · answered by bikinkawboy 7 · 0⤊ 0⤋
1
2016-09-26 20:28:42 · answer #2 · answered by Elaine 3 · 0⤊ 0⤋
A car-title loan uses your car's title as collateral. Your vehicle remains in your name and in your possession at all times, provided that you make your payments. In consideration of this, it is extremely important that you honestly evaluate whether or not you will be able to make payments on time and without fail, or you may face losing your vehicle. If after examining your finances, you decide that you are ready and able to apply for a car-title loan, your next step should be to find a reputable lender. Cash advances and payday loans can be expensive ways of borrowing money. In contrast, title loans tend to work out cheaper as they usually offer lower interest rates. This is because a title loan is secured to your car, using your vehicle’s title as collateral.
2014-11-17 12:35:52 · answer #3 · answered by ? 3 · 10⤊ 0⤋
I found interesting information about your answer car loans & options here. http://all-debt-consolidation-loan.blogspot.com/2007/08/car-loans.html Good luck!
2007-09-05 04:56:37 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Too easy...if you are dumb enough to do this then you can kiss your car goodbye.
2007-09-04 13:03:12 · answer #5 · answered by Anonymous · 0⤊ 0⤋
YES AND THIS IS THE DUMBEST THING THAT ANYONE CAN DO.
2007-09-06 07:56:58 · answer #6 · answered by Anonymous · 0⤊ 0⤋