SAVANNAH, Ga. (WTOC) - It’s something people will do when they’re desperate for money: relinquish their car’s title for quick cash. But financial experts say car title loans are risky business. That’s ...
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 ...
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 ...
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 ...
A federal agency has ordered a vehicle title loan company to pay restitution to consumers, including troops and families. (baona/Getty Images) This article was updated Feb. 27 to include a response ...
The Consumer Financial Protection Bureau is learning just how hard it is to put effective curbs on small-dollar consumer credit. Last week, the Bureau quietly delayed its timetable for regulating ...
In an unusual announcement, the Consumer Financial Protection Bureau (CFPB) says it is backing off enforcement of rules for payday and car title lenders as well as for "certain high-cost installment ...