Auto Title Loans vs Payday Loans - Which One Should You Choose?

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Auto Title Loans vs. Payday Loans?
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• Instant auto title loans and payday loans are
  both options for those even with low credit
  score. But there are some key differences between
  how the money is loaned, and how much. The
  difference could be enough to start improving
  credit score and quality of life.

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Equity

• In order to get a loan, the first step is to show
  it can be paid back. With those that dont have
  the credit score as proof, equity can be used.
• In an auto title loan, the pink slip of a car is
  used as equity. The ownership of the vehicle is
  temporarily held by Car Cash Loans while you get
  a lump sum of money. The vehicle is still in your
  hands you still get to drive it and use it as
  necessary. As soon as the cash advance is paid
  off, the pink slip is returned.
• A payday loan uses a paycheck as the equity. In
  terms of value, a car is much more valuable than
  a weekly or monthly paycheck. This means the
  payday loan will have to match the value of a
  paycheck. The lump sum of cash from the loan will
  be much less.

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Loan Payment Terms

• The problem with a payday loan is that it is much
  less money, and must be paid off immediately. It
  is like trading one paycheck for another. This
  can lead to a cycle of spending and unhealthy
  borrowing. Also, if paychecks stop or arent
  consistent, then the payday loan will not be
  there for you.

• Auto title loans do not take anything away. You
  are still free to drive your car and keep moving
  forward with life and business. The lump sum is
  also larger because the car is valuable. And the
  loan does not have to be paid back in full upon
  your next paycheck.

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So, Which One to Choose?

• Since most restrictions are removed, hence auto
  title loans become a much more viable solution to
  quick cash.

A Payday Loan Borrower
An Auto Title Loan Borrower
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• If You are Looking for an Instant Car Title Loan
  in Los Angeles, CA then Call 1-800-988-5020
  Today To Qualify!