Your Questions About Title Loans

James asks…

Need cash urgently want to use car as collateral or car title loans in toronto ?

barry0912 answers:

With proof of income and a good credit rating you should be able to walk into any bank and get started on the paperwork right away.

With a poor credit rating and proof of income, you may be able to get one from any “Pay day loan” places although the fees and interest are absolutely atrocious.

With no income, regardless of your credit score your options are to either find someone to cosign for you who has a good credit score and income, or borrow money from friends/family

Steven asks…

How would an online title loan company know if my car is broke?

Has anyone ever used TURBO TITLE LOANS? It says they need a car title and a key. If it is online How do they get my car title and key? Also would they no if my car was broken? How?

barry0912 answers:

Title loan places are to be avoided at all costs. They will want to see the car.

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Your Questions About Title Max

Sandy asks…

has the civil class action lawsuit against title-max been settled in court yet?

barry0912 answers:

Nope…it’ll be years before that happens

Mary asks…

Do they give you a whole new title back when you pawn your title?

I pawned my title at title max. I got it back a couple months later and it looks like they made a new title. It has my current address and mileage. I have never done this before, so is that what they’re supposed to do? Will it affect my tag?

barry0912 answers:

They probably put a lien on your car when they gave you the money. Now that you paid the loan off, they may have had the lien removed, hence the new title.

From now on, Stay away from these fly by night phony, rip off, loan places

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