When you're in a financial bind and need cash quickly, taking out a car title loan might seem like an easy fix. An auto title loan is a short-term, high-interest loan that uses your vehicle as ...

Title loans are expensive short-term loans that use your vehicle’s title as collateral. While title loans have both pros and cons, the drawbacks heavily outweigh the benefits. Title loans are illegal ...

Typically, getting a car title loan requires proof or evidence of income. It consists of valid payslips from your current job. However, only some have a conventional source of income. This is where a ...

Following years of uncertain economic conditions, soaring inflation, and rising interest rates, many Americans report having more credit card debt than in emergency savings, according to a recent ...

More people are borrowing more money than ever. As of the end of the second quarter of 2024, Americans owed a whopping $246 billion in personal loan debt, according to LendingTree. Not only was this a ...

This article was produced for ProPublica’s Local Reporting Network in partnership with The Current. Sign up for Dispatches to get stories like this one as soon as they are published. Consumers across ...

Title loans use your vehicle as collateral and can charge 300% APR, making them very costly. If you can't repay a title loan on time, the lender may repossess and sell your vehicle. Consider smaller ...