Auto Car Cash Advance Title Loan - Chicago California Midwest

2007/08/27 06:57

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Car title loans (http://titleloans.smyr.net/car_title_loan.html) and auto title loans(http://titleloans.smyr.net/auto_title_loan.html) in Illinois are designed for consumers who need to borrow money only for a short length of time – generally around two weeks. These car title loans and auto title loans in Illinois are small loans secured by a borrower’s vehicle that typically have very high interest rates.

Tom Henmen, the Star's editorial columnist believes that although Illinois law restricts auto-title loans to a maximum of 204 percent per year, the risks to the borrowers

Auto Car Cash Advance Title Loan - Chicago California Midwest

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are far greater. That is because of the real possibility the borrower will default on the overpriced loan and lose his or her car.
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