What is a good pay day auto loan place that does auto loans where you don't need a title?

I am looking for a payday auto loan. I have a car but I am still paying car notes on it. I heard there are auto loan places out that that does loans and you don't need the title.

What is a good pay day auto loan place that does auto loans where you don't need a title?
D.J., I've searched all around for a quick payday loan online, and the best one I found, and that I've used a several times was http://www.goodinternetdeals.com/Payday-... - the interest rate is acceptable and they put the funds in by the next day. I hope this helps you, best of luck!
Reply:All title loan places require a clean title on the car.


You should stay away from those and payday loans.


The interest rates are extremely high (up to 500% annual).


If you do not make the payments,you lose your car and still owe the balance.


A lot of people were complaining about these companies because the monthly payments were so high they could not make the payments and that went on their credit reports plus it sent them farther into debt.


My son took out a loan on his truck for $1,000.00 to pay off a credit card.


He could have worked out a payment plan with the card company.


His loan interest was 250% for a 3 month loan and the payments were $333.00 per month,but the loan balance went up instead of down with each payment.


I had to skip bills and cut back on other things to come up with the money to make a lump sum payment to end the loan.


I don't know about all these places,but the 1 he went to wanted cash only payments-no checks,credit cards,debit cards or money orders.


If you don't keep your receipts,you will have no way to prove you made a payment.


You would be better off to keep making your regular payments.


Try to make an extra principal payment when you have the money.


That will cut the loan down by a month and save you 1 months interest to.


If you get a tax refund for this year,use some of that to pay down the principal or pay off the loan balance.





Been there and did it!





Don't do business with anyone you don't initiate contact with.


You don't know who is legit and who is not.
Reply:If you are still paying on it, it probably has no equity to borrow against, unless you only have a dozen payments or so left, plus the 2nd lien thing the guy above mentioned
Reply:You cannot get another loan against your car without the title and the permission of the first lienholder. You can only get an auto loan if you own it free %26amp; clear and have good title.