The short answer is yes – and no. Car title loans can destroy someone’s financial future just as a conventional loan can. Car title loans can also help promote a healthy financial picture for those who use them wisely. Here’s a look at how a car title loan can promote or destroy someone’s financial standing. [continue reading…]
Many individuals may consider selling their vehicles when they are in need of money for an emergency situation, but is this the best solution? In many instances, selling a car for money may not be the best move, especially when a car is a necessity [continue reading…]
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Paying off any loan presents special challenges, but when it comes to a car title loan, you will want to ensure that you are prompt with your payments in order to ensure that there are no difficulties getting back your vehicle. A car title loan can be a fantastic way to ensure that you have the money that you need [continue reading…]
Managing your own finances is a skill that many people never learn, and one that can make a difference throughout your lifetime. Nowadays, it seems that managing personal finances should be easier with all of the software and budget programs available to the general public. Still, some of us fail. Here are a few tips for managing your money and improving your financial outlook. [continue reading…]
The idea of taking out a payday loan usually comes up in a time of financial emergency. If it is a true emergency – for example, you need rent money or a car repaired – a payday loan may be just what you need. [continue reading…]
Consumer debt is at an all-time high, hovering around $3.4 trillion and still climbing. The average household that owns at least one credit card has in excess of $15,000 in credit card debt. The financial disaster of the previous decade is still plaguing many across the nation. If you are one of the many whose credit was destroyed as a result of the economic crises of the 2000s, there is a way to repair your credit history. [continue reading…]
Not having credit can be incredibly detrimental, especially when you find yourself in a situation where you are in need of a loan of some kind. Credit is essentially your way of proving that you’re financially responsible enough to pay back the money that you owe someone. Having no credit or bad credit means that formal institutions, [continue reading…]
In the U.S., a title is a document that establishes legal ownership of property; in this case, a vehicle. Vehicle titles are issued by each state and by the department that handles motor vehicles. While each state is different, the process of obtaining a title and the information included on a title is pretty standard. [continue reading…]
Car title loans have become more popular in the last few years as the conventional loan market has become more difficult to enter. Because of the financial crisis that struck the U.S. in the late 2000s, lenders have tightened their standards and access to cash has diminished for the average American. [continue reading…]
Your vehicle is pushing 10 years old and you are faced with some pretty hefty repairs to ensure that it will give you another five. Since it is your main form of transportation to your job, it is pretty important that the repairs are done. [continue reading…]
Car title loans are a less well-known form of borrowing that can provide a quick and easy financial solution to those in need of emergency cash. These types of loans differ from more traditional loans from a bank or a credit union. Here are some of the most frequently asked questions about car title loans.
Buying a car is an exciting moment for many people. A new or even a used car is somewhat of an accomplishment and a necessity for those that need reliable transportation to get to and from their place of employment. What many do not realize, however, are some of the things associated with car ownership. [continue reading…]
If you own a vehicle, you can use it as collateral for a car title loan. Lenders such as Embassy Loans of Florida will lend money based upon the value of a car. Most title loan companies prefer that a car or truck is paid in full; however, there are occasions when a lender will process a title loan even though money is owed on it. [continue reading…]
Your month was going great until that unexpected plumbing problem flooded your basement. All of the monthly bills were paid, but not much was left over when a pipe burst and you had a call a plumber. With the bill due and you sketchy credit history, you are unsure about a source for fast cash. A car title loan could be the solution you’ve been seeking. [continue reading…]
It is well known that if you do not make your car payments on time and on a regular basis, you face the possibility of having your car repossessed by your lender. When you purchase the vehicle and agree to financing, your lender places a lien on the vehicle’s title. Should you, or any vehicle owner, default on the terms of their loan, the lienholder can legally take possession. This is something you definitely want to avoid. [continue reading…]
A car title loan is a secured loan that is offered by a lender in exchange for car’s title. The lender will hold the title while the loan is being paid off. The vehicle owner still gets to use the car but understands that if the loan is not repaid the lender has the right to take possession of it. So, how much can you borrow against your car’s title? While the answer depends on a few factors, a car title loan is a great way to access much-needed cash in an emergency. Here’s how you can do it. [continue reading…]
You never expected that you would slip, fall down your stairs, and wind up with a broken ankle. You didn’t expect such a hefty bill either. These days, insurance only covers so much. What can you do to pay the medical bills? Consider taking out a car title loan. [continue reading…]
While it is popular to borrow against the value of your home, you may not be as familiar with car title loans. A car title loan allows a borrower to use a vehicle to secure a loan. Anyone who owns a car or truck that is fully paid for and is free of any liens on the title is eligible. An auto title loan may not be as well-known as a more conventional loan, but it is a quick and easy way to secure cash. [continue reading…]
You may have friends or colleagues who have used their home to bail them out of debt problems in the past. There were a few periods, especially in the early to mid-2000s, when home values skyrocketed, giving homeowners access to thousands of dollars in home equity. Many homeowners used that equity to put their kids through college while others used it to pay off mounds of debt. Homeowners continue to use the practice today when possible. But, what if you do not own a home? Don’t panic. There are a few methods of debt consolidation you can use to help bail you out. [continue reading…]
One of the more frustrating things facing individuals and business owners are taxes. Each year, individuals and businesses must file a tax return. When completed, it is possible that you may owe the government a sizable chunk of money. If you are not in a position to pay, there are some alternatives. A car title loan is one such option. [continue reading…]
