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Why is an Auto Title Loan better than a payday loan?

April 26, 2017Auto loan payday loan title

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Why is an Auto Title Loan better than a payday loan?

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Unlike a 2 week payday loan, this is a long term loan, which you pay only a portion of each month. If you pay your payment on time every month, your loan will end on a date shown on your contract, and you will owe nothing. A payday loan starts over each time you take out a new one, causing you to pay forever without ever making any head way.