How self-title loans work? I bought a Range Rover cash for well below book value. im really tight for money now and I have really bad credit. it is worth about 16,000 and I bought it for only 10,000. Will I get a loan on it as for the 10000, with my bad credit. Can I go through my bank or is there a better option that deals strictly with auto title loans.
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the auto title loans are basically a scam. Do not do it! They give you a percentage of what your vehicle is worth, and if you default on your repayment (the end of the day puts him in default state), they have the right to seize your vehicle, place a ruling against and you sell your vehicle.
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Posted on January 23, 2010.
