A car title loan, also known as an auto title loan or pink slip loan, is a short-term loan that uses your car as collateral. Find out how car title loans work.

Car title loan companies profit significantly from the financial struggles of their customers. Through high-interest rates, hidden fees and the potential for repossession, ...

Car Title Loans: Good Option For Fast Cash? Skip to content. All Sections. Subscribe Now. 65°F. Saturday, July 5th 2025 Digital Replica Edition. Home Page. News. Latest Headlines; ...

You can start your inquiry for a car title loan online from the comfort of your home using a smartphone or computer! Instead of making an in-store visit to apply for funding, you can begin the ...

The pitches sound enticing. "Need cash? Have bad credit? No problem. You can get a loan today by using your car as collateral - and you get to keep driving it." These "car-title loans," also ...

So-called auto title loans — the motor vehicle version of a home equity loan — are growing rapidly in California and 24 other states where lax regulations have allowed them to flourish in ...

Auto title loan lenders charge an average of 25% per month in interest on the loan. That's an annual percentage rate (APR) of 300%! Even credit cards only charge an average APR of 15.59%, ...

Car title loans can be a good option for individuals who need short-term cash advances but have bad credit. It’s a fast and easy way to get the money you need, but it also has some risks and drawbacks ...

Car title loans may sound like a good way to get some cash, using the title of your car as collateral, but they can include conditions that get borrowers into financial trouble.

The average car title customer pays $2,142 in interest on a $951 loan and renews the loan eight times. About 7,730 car title lenders operate in 21 states, charging borrowers $3.6 billion in ...

Vehicle title loans typically have 30-day terms, and are often used by borrowers for emergency spending needs. The borrower’s vehicle is used as collateral, ...

High interest rates: Car title loans charge significant interest rates, often between 30-60% APR. This is higher than most credit cards in Canada, which tend to charge around 20% APR. In Canada ...