Category: Cash fund

EEOC Sues Carolina Securities Lending/Community Lending America for Racial Harassment and Disability Discrimination | United States Equal Employment Opportunity Commission (EEOC)

Employer refused to allow employee to return to work on crutches and fired her due to disability, federal agency says GREENVILLE, SC – Georgia-based Community Loans of America, Inc. and its subsidiary, Carolina Title Loans, Inc., violated federal law by subjecting an employee to a racist work environment, disregarding her disability and dismissing her. because […]

Car Title Loans: 5 Alternatives to Get Fast Cash

Credible Rating Credible lender ratings are evaluated by our editorial team with the help of our loan operations team. The rating criteria for lenders encompass 78 data points spanning interest rates, loan terms, eligibility requirement transparency, repayment options, fees, discounts, customer service, cosigner options, and more. Read our full methodology. 9.95% – 35.99% APR $2,000 […]

Risks of auto title loans and alternative options

Title loans for cars provide fast cash – typically between $100 and 10,000 in exchange for the title of your car as collateral. This is a form of secured, property-backed loan the lender may take in the event that you fail to pay. These loans are expensive with high costs and annual percentage rates frequently over […]

ChoiceCash Title Loans, served by LoanMart, expand to

VAN NUYS, Calif., May 27, 2021 (GLOBE NEWSWIRE) – Starting in 2021, qualified residents of Virginia and Wisconsin have the option of accessing ChoiceCash securities lending, managed by LoanMart. Previously, ChoiceCash securities loans were available to qualified residents of California, District of Columbia, Florida, Indiana, Kansas, Kentucky, Michigan, Mississippi, Ohio, United States of America. ‘Oklahoma, […]

The Advantages and Disadvantages of Securities Lending Versus Registration Lending

LOS ANGELES, December 23, 2020 / PRNewswire / – When an emergency arises and you need cash quickly, using a vehicle as collateral for a loan can be a good solution. But if you are considering a title loan or a registration loan, it is essential to understand what defines these very different loan types. […]

The Ultimate Beginner’s Guide to Automatic Title Lending

Our cars are our trusted partners for transportation, business, leisure and any other activity that involves getting from point A to point B. When we face tough times, especially when it comes to finances, our cars don’t just help us get to banks and lending institutions, they can also be the key to getting the […]

Max Cash ™ Title Loans Analyzes the Challenges of the COVID-19 Effect on the Securities Lending Industry

TEMPE, Arizona., April 28, 2020 / PRNewswire / – Title Deed Lenders United States currently suffer a decline of 69% and up to 90% in other parts of the country. Pawn shops are experiencing unprecedented growth as Americans attempt to sell property for cash. Due to this car title loan, lenders have adapted to everything […]

Important Things To Know About San Francisco Car Title Loans

San Francisco is known for being a culturally wealthy and progressive city that has been highly acclaimed as one of the best financial centers in the United States today. Even though San Francisco is a beautiful city that boasts of fun and exhilarating destinations, it could be quite a stressful and demanding place for people […]

The Dangerous Truth About Auto Title Loans For Bad Credit

If you own a clear, free car, but need the cash quickly, you might find yourself leaning toward a title loan. It could be the first step on a slippery slope – one that you should avoid. Here we discuss how dangerous these loans are and why. How securities lending works Auto title loans are […]

Car title loans trap low-income families in debt

In December 2014, Paul Gillespie’s wife died of a heart attack. He buried her on a Tuesday. More difficult news arrived on Saturday: his landlord called and said she was selling the apartment building, and he and his two teenage daughters needed to find new accommodation. Gillespie has moved. But the bad times kept coming: […]

Lawmakers seek to end triple-digit interest on payday loans and car titles

By Charlene Crowell / NNPA Newswire A group of Washington lawmakers are joining forces and influence to legislate a crackdown on predatory lending nationwide. Seventeen U.S. House lawmakers and eight U.S. senators are backing companion bills that would cut the cost of payday loans and car titles from their typical 300% annual interest rate to […]

Title Loans Vs Payday Loans: What’s The Difference?

Securities and Payday Loans: An Overview Asking if title loans or payday loans are better is like asking which disease is best to get in winter. Both loan products feature usurious interest rates, adverse terms, and potentially aggressive collection tactics. A significant difference between a title loan and a payday loan is how you can […]

8 cheaper ways to raise cash than car title loans

Some people in need of emergency cash may rush to the nearest car title lender for a quick loan, but that’s far from the best option. A car title loan, also known as a “pink slip loan,” is a short-term loan that requires borrowers to offer their vehicle as collateral for outstanding debt. Interest rates […]

Are auto title loans predatory? A federal study raises concerns.

A report released Wednesday by the federal Consumer Financial Protection Bureau found high rates of vehicle repossession and long-lasting debt within the auto title lending industry. Auto title loans are meant to provide borrowers with short-term access to cash when they need it most. But the CFPB found that for many consumers, loans quickly snowball […]

Arizona legislator wants restrictions on securities lending | Local News

By Howard Fischer Capitol Media Services PHOENIX — A state lawmaker who fought to rid Arizona of payday lenders now wants new restrictions on the securities lending industry. Representative Debbie McCune Davis, D-Phoenix, said the triple-digit interest rates charged to consumers are as abusive as those charged by now-defunct companies that provided short-term payday loans. […]

Auto title loans offer quick cash for holidays, but critics warn of rising debt – Reuters

Scott Sweetalla, an auto loan customer, had his car repossessed by a lender due to high interest rates. “The money you would get from these people is not worth what happens later,” he said. (Photo by Erica Lang/Cronkite News) Advertisements and online listings for auto title loans make them especially attractive during the holiday season […]

The problem with car title loans is NOT that people lose their cars | News

A stock lending store in Nashville, Tenn. (Joe Howell/Vanderbilt) According to three researchers led by Vanderbilt’s Paige Marta Skiba, the standard swipe at car title loans is a toothless claim that the deal leads to people losing their cars and then their jobs because they have no means. transportation to get to work. “Repossession affects […]

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