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Aren title transaction rates considered high?

April 26, 2017high rates title transaction

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Aren title transaction rates considered high?

2 Answers

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Not if you consider that title lenders/pawnbrokers do not base their loan decision on your credit. TitleMax transactions are non-recourse, don’t allow for deficiency balances, and don’t require collision insurance on the vehicle used as collateral.

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Not if you consider that title lenders do not base their decision on credit. CashPoint transactions are non-recourse, don’t allow for deficiency balances.