About this video
When you need money, it’s tempting to accept any loan that a lender will offer. But, is it a good idea to take a title loan? How do title loans work? What are the pitfalls of title loans? Are there good alternatives?
If you want a lot more detailed information about title loans you can find it here. If you are looking for a loan, you can apply with a bunch of different lenders all at once to see who will give you the best deal here.
Title loan topics in this video
00:00 – Introduction: Title Loans
00:11 – What is a title loan?
00:41 – What do you need in order to get a title loan?
01:19 – How much can you borrow with a title loan?
01:46 – When will I get the details of the terms of my title loan?
02:30 – What happens if I default on a title loan?
03:03 – How much do title loans cost?
03:29 – What is a finance charge on a title loan?
04:20 – What is the APR of a title loan?
04:58 – What fees do title loan companies charge?
05:43 – How do I know if a title loan company is legit?
06:33 – What are the disadvantages of a title loan?
06:58 – Are title loans a bad idea?
07:57 – What are some alternatives to title loans?
09:21 – Conclusion: Title loans
Other info
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