 New York Times (blog) | Consumer Groups Urge Scrutiny of Car Title Loans New York Times (blog) As is often the case with payday loans — short-term, high interest-rate loans secured by a borrower's next paycheck — those using car title loans usually can't afford to repay the loan in full and cover their regular living expenses, says a new ... Pay $2140 to borrow $950? That's how car title loans work Car Title Loans: $3.6 billion in Interest Paid on $1.6 Billion in Loans Report: Average $951 Car-Title Loan Results In $2142 In Interest |
