Play Video

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



Youtube Channel:

Apply for a personal loan.

Apply for a consolidation loan.

Apply for a credit card.

Tailored & actionable steps to a 700 credit score, Build Credit with our FREE service.

Find a high-yield savings account

Find a financial Advisor

Picture of Jonathan Walker

Jonathan Walker