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illinois title loans FAQ
If I filed bankruptcy and I had a illinois title loan will they give me back the title to my vehicle.?
Jul 23, 2009 by vanessa34eholo | Posted in Renting & Real Estate
Lets put it this way. NO !!!!!!!!!! Are you kidding the reason for the lien on the title is so if the borrower defaults on the loan the SECURITY is the vehicle. If they did not explain that it doesn't change anything at all. That is unless you've
Daniel | Jul 24, 2009
can a title loan company tow your car from a private lot, if you are behind on your payments?
Dec 14, 2006 by muya r | Posted in Other - Cars & Transportation
my car was towed from my private parking space, because i owed illinois title loan money, is it legal for them to come on a private lot and tow the car.
Your driveway is considered a private lot correct. They can legally tow it from there so I don't see why they couldn't tow it from any other private lot.
Hawk996 | Dec 14, 2006
Yes, its called a repossession. Fall behind, and they can take the car back, as it is collateral.
Silverstang | Dec 14, 2006
I got a title loan out of illinois,hd the title in my name only free and clear. had pior issues with the carlo?
Jun 24, 2010 by tha*momma | Posted in Insurance & Registration
Had prior issues with the carlot owner. He came and took the car even though the title is in my name the courtts and police said i have to take him to court. well i am late on my loan payment and they call me everyday harassing me and telling me they
Yes, they can do that. Regardless of who holds the title, you apparently owed money to the car lot, and they have repossessed their car. Then you borrowed again on a car that was not yours to borrow against, don't have the car, and aren't making your
oklatom | Jun 24, 2010
How can i get my grandmothers name on my car title ?
Feb 07, 2011 by miZZ jANAY NAY | Posted in Insurance & Registration
Im a new fkorida resident from illinois i have my car and my title. Just moved in with grandmother in florida. Should i go to a title loan place? Also whats the cost? Do i have to bring her with me to the place cuz she doesnt walk thx
why would you do that??
sign back of title..let granny go to DMV to title HER new car,
why would she walk.YOU HAVE A CAR
can't figger this one for ****
pedro7of9 | Feb 07, 2011
illinois title loans news
Reconsider bill to cap interest on title loans
18.05.12
An interest rate of 300 percent is usually associated with lenders who threaten kneecaps if payments aren’t made.
But in Illinois that interest rate is allowable and it appears that it will remain so after a House committee last week refused to consider legislation that would have imposed new regulations on car title lenders.
Currently, the interest rate that can be charged by car title lenders is capped at 300 percent — if you can call that a cap.
The House Consumer Protection Committee, a misnamed group if there ever was one, was asked last week to consider a bill that would have capped that interest rate at 30 percent. Only five of the 21 members of the committee voted “yes,” putting the legislation in turmoil. The legislation had been supported by many groups.
Source: Bloomington Pantagraph
illinois title loans about
EZCORP Announces Acquisition of Pawn Stores in Utah
Sacramento Bee - May 06, 2011
It provides collateralized non-recourse loans, commonly known as pawn loans, and a variety of short-term consumer loans, including payday loans, installment loans and auto title loans, or fee-based credit services to customers seeking loans.
QC HLDGS : QC Holdings, Inc. Reports First Quarter Results
4-traders (press release) - May 05, 2011
"Our revenue mix continues to evolve, with automotive sales and fees from installment and title loans representing nearly 30% of total revenues in first quarter 2011 compared to about 20% in prior year's first quarter.
EZCORP Announces Acquisition of Pawn Stores in Utah
PR Newswire (press release) - May 05, 2011
It provides collateralized non-recourse loans, commonly known as pawn loans, and a variety of short-term consumer loans, including payday loans, installment loans and auto title loans, or fee-based credit services to customers seeking loans.
QC Holdings Inc. Reports Operating Results (10-Q)
GuruFocus.com - May 06, 2011
In Arizona, the existing payday lending law expired on June 30, 2010. We are currently offering title loans to our Arizona customers. However, our customers in Arizona have not embraced this product as they did the payday loan product.