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Posted:  07 Mar 2009 08:03
Hi,

When you need money, often times the need is immediate. Finance companies sometimes offer an easy way out of financial problems by offering a car title loan. Unfortunately, clients are misled by the quick money that a car title loan offers. Tagged as abusive, car title loans charge extremely high interest rates of up to 360%. To receive a car title loan, the consumer must sign over their car title as collateral. Set up as open-ended credit, car title loans are not subject to an interest rate limit or a maturity date.

Snoreta

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