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Car Title Loan or Payday Loan

Many of us have seen the ads on television promoting loans for people with bad credit or no credit as no problem. We have also seen the neon signs in cash advance stores advertising title loans and payday loans. As we are bombarded daily with these various types of loans, it is easy to get confused. For anyone contemplating this type loan it is important to understand the differences in these loans before you make any decisions.

A car title loan is very much like it sounds. In order to receive the loan you sign over the title to your … Read the rest