Sentences with phrase «by auto title lenders»

Auto title loans are offered by auto title lenders who offer financing options to lenders.

In terms of providing borrowers with poor credit an alternative to the gouging APRs offered by auto title lenders, Finova is cheaper, but only by a certain amount.

It promotes an attractive current ARP range of 17 to 30 percent, which is far lower than the 300 percent charged by auto title lenders; but, by the time you add in all of the additional fees and credit insurance, the APR can be upwards of 200 percent.

Not exact matches

But that wasn't the only bill that high - cost lenders had pushed: One to allow auto - title loans, also vetoed by the governor, passed with a supermajority in the legislature.

A number of payday lenders have embraced auto - title loans, which are secured by the borrower's car and typically carry annual rates around 300 percent.

Legislation would limit interest charged by payday and auto title lenders Patr Comment on this article at ExpressMilwaukee.com.

An auto equity loan, which is available from traditional lenders as well as some online lenders, should not be confused with an auto title loan, which is typically offered by subprime lenders to people who have bad credit.

If you have been refused by other lenders for loans in the past, but have a car and a source of income, you might want to check if you qualify for an auto title loan from LoanMart.

This is what makes their payment process more reasonable for borrowers, a policy that isn't adopted in the banking system or even by other auto title loan lenders.

The Consumer Financial Protection Bureau said that 20 % of the auto title loan borrowers have their car or truck seized by the lender for failure to repay the debt.

Since auto title loans are secured by your vehicle, the lender incurs less risk and can then offer lower rates to these applicants (without a credit check).