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2 Bumps

Car Title Loans?

We are in need of some money and we are thinking about getting a car title loan. We will be able to repay it around the middle of November (in full) but we need the money now. We have never done this so we don't know if this is the best thing to do. We have seen some places that offer 0% interest for 30 days and 9% for up to 90 days. What do you think? Would you suggest this? If you would, is there a particular one that is better than others?


Asked by Anonymous at 9:04 PM on Oct. 22, 2010 in Money & Work

This question is closed.
Answers (2)
  • No no no don't do it, it's a terrible idea!! I'm assuming your vehicle is paid off, don't risk an asset like that over a paltry loan with horrid interest!!!
    I would go through your house and make a pile of things you could sell on craigslist. do some babysitting, check out odd labor jobs or people needing help moving, etc. Stay away from pawn shops and payday loan places!!!!!

    Answer by MommaofH2 at 9:42 PM on Oct. 22, 2010

  • I've never heard of such a thing before. Buyer beware.

    Answer by HotMama330 at 4:01 PM on Oct. 23, 2010