Page 2 of 2
Car Title Loan
Posted: Sat Aug 18, 2012 9:09 am
by Freede
I have a car title loan with a PawnMart that I can't pay and my car is fixing to be re-possessed. I only owe $450 to pay it off. It is in desperate need of work. Anybody that can offer a good tune up, some new tires and brakes. It also has a CV axle going out. I can't afford to fix this one right now much less have to buy a new one. I am a single mother of two great kids, raising them alone with no support. I have worked since I was 15 but, had to have two major surgeries last year that kept me out of work causing my downfall. I'm not lazy and will get back on my feet with time but, will be very hard to do without a car. Thank you for any help and GOD BLESS.
Re: Title loan
Posted: Mon Jan 02, 2012 1:32 pm
by Admin - Jon McNamara
You never want to put your car or automobile up as collateral. Car title loans are bad idea...maybe even worse than payday loans. We do have extensive information on them, why they are bad choices, and information for the couple instances (if that) when they may be good options. Find them here.
http://www.needhelppayingbills.com/html ... loans.html
To deal with the car title loans, use a non-profit credit counseling agency for advice. Maybe they can help..or maybe not. It really depends on your overall financial condition.
Romnee wrote:I am 31 working full time. I have a Bachelor's degree in art education, but art jobs are few and far between. In the meantime, I am working as a waitress struggling to take care of my minimal needs. I made a mistake and took out a car title loan to help me with my bills. I have a three year old son so you can understand my concern. In the month of December as I was very sick with flu. I am scheduled for an appointment in January for follow up too. This will put me out of work for a day or two and add to my bills. There is no money saved up, I may lose my car from the title loan and I am worried about how I'm going to make it. Any help with rent, car, etc. would be more than appreciated.
Re: Title loan
Posted: Mon Jan 02, 2012 9:13 am
by Romnee
I am 31 working full time. I have a Bachelor's degree in art education, but art jobs are few and far between. In the meantime, I am working as a waitress struggling to take care of my minimal needs. I made a mistake and took out a car title loan to help me with my bills. I have a three year old son so you can understand my concern. In the month of December as I was very sick with flu. I am scheduled for an appointment in January for follow up too. This will put me out of work for a day or two and add to my bills. There is no money saved up, I may lose my car from the title loan and I am worried about how I'm going to make it. Any help with rent, car, etc. would be more than appreciated.
Re: Title loan
Posted: Wed Aug 24, 2011 8:07 pm
by Admin - Jon McNamara
At the end of the day, a titel loan is similar to a payday loan. We have information on payday lending laws by state, alternatives, and other debt assistance that can help you deal with that title loan. Read about
payday loan alternatives, such as the Fifth Third Bank Early Access short term loan or the consolidation of payday and title loans.
Perkins wrote:I'm trying to get out of debt and caught up on my bills and i can't with no money.I own a title loan or they will take it from me because i lost my job and i have 3 kids and trying to take of my mom as well it hard on me to do everything on my own my kids need cloths and shoes for school.I dont even have food i have to keep going to a church and they help me but they can't give out money and the only pay a little on bills I can get a job yet because my truck broke down until i get it fix i cant get around how i need to please someone help me out this hole I'm in please!!!!
Title loan
Posted: Mon Aug 22, 2011 2:18 pm
by Perkins
I'm trying to get out of debt and caught up on my bills and i can't with no money.I own a title loan or they will take it from me because i lost my job and i have 3 kids and trying to take of my mom as well it hard on me to do everything on my own my kids need cloths and shoes for school.I dont even have food i have to keep going to a church and they help me but they can't give out money and the only pay a little on bills I can get a job yet because my truck broke down until i get it fix i cant get around how i need to please someone help me out this hole I'm in please!!!!