Title loans are a great resource to get money quickly for those who are strapped for cash and have a car that is paid in full. They are not always the best idea, especially if you only need a small amount of cash to get by. Title lenders are notorious for lending people more money than they stand a chance to repay at the end of their thirty days. This will require them to extend the loan and pay more, or have their car repossessed. Both are bad situations. Some title lenders do not require proof of employment, while this is great for someone unemployed, many of these folks have no chance of coming close to repaying the loan since they do not have income in the first place!
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