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 ...

Car title loans, also known as auto title loans, are short-term cash loans using the title of your vehicle as collateral. Title loans require documented proof of ownership of the car and usually call ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

A title loan is a short-term, high-interest loan that requires your car as collateral to borrow money. If you don’t have great credit and need to take out a loan, you might be scouring places that ...

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 ...