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How Do Car Title Loans Work? Bankrate
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How Title Lenders Trap Georgia Residents in Debt — ProPublica
WebJun 14, 2024 · A title loan offers short-term financing to borrowers who own their car outright or have significant equity in it. Lenders use your vehicle's title – a document that proves you own your car – as collateral for the loan and typically require payment within 15 or 30 days. Lenders may offer title loans online or through a physical location. WebEasily manage your auto loan. with Global Lending Services. email_address. password. forgot_password. Enroll Now. WebNov 27, 2024 · Title loans have short terms, often only 15-30 days. So to get the APR, you have to multiply the interest rate over a year’s time. For example, for an $800 loan at 25% interest over a 30-day term, the APR would be 25% x 12 months = 300%. Unfortunately, this extraordinarily high APR is normal for title loans. solar panel to charge controller wire