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 Posted: Fri Mar 28, 2008 8:40 am Subject: car title loan
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can anyone tell me if tehre are any good car title loan companys out there. i am in need of cash and was looking for a car title loan. i live in pa. thank you
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Posted: Fri Mar 28, 2008 8:59 am Subject: car title loan
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i was looking for a loan that i pay back on paydays but they use the car title for collateral. thanks,
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Posted: Fri Mar 28, 2008 9:30 am Subject:
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Most of us here do not recommend taking out such loans. They really are nothing more than glorified payday loans, with high interest rates - but with the added "zinger" that they hold your car title until you pay them back. And if you run into a problem and don't pay them back, they take your car.
This is a risky situation to put yourself in. You stand to lose your mode of transportation if you run into hard times and can't pay them back. Not something I'd want to risk.
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SUEBEEHONEY70
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Posted: Fri Mar 28, 2008 4:14 pm Subject:
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No dont. you have to pay more than the minnimum payment or all you are paying is the interest. Like my hubby did this and owed 60 a month but had to pay like 80 just becasue all the 60 did was pay the interest and not the loan. It is just to keep you oweing and you never get it paid.
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mshirley38
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Posted: Fri Mar 28, 2008 5:16 pm Subject:
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Ugh! Just out of curiousity, I googled car title loans in PA. I think flames came out of my ears. They do offer car title loans. DO NOT DO THIS. It's horrible. I have to admit that years ago, I did a car title loan. I paid a hell of a lot of money. Thank God they outlawed them in my state now.
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cannr
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Posted: Fri Mar 28, 2008 9:58 pm Subject:
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Yes you borrow 300.00 and end up paying way more and if you can pay they can take your car for 300.00 bucks
They make it impossible to pay back
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mshirley38
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