Auto title loans are often grouped with payday loans, a highly-contested type of short-term consumer loan. Some states ban auto title loans whereas others offer the loans widely, but the information about each state’s rules is usually hidden or confusing. Loans.org wanted to change that. We conducted research into the state auto title lending laws across the United States. The following infographic reveals this information in a creative and user-friendly manner.
Auto Loans Infographics
Oct, 2, 2013
Jun, 24, 2013
Do you ever wonder how much those custom cars from The Fast and the Furious movies cost? It turns out that while some of them would require very expensive auto loans, others are within your reach! Loans.org researched nine cars from the series that had some of the most powerful custom parts. We found out how much each car’s monthly payment would cost for and 36- and 48-month car loans. We even found out the total interest you would pay on each of those cars over the specified durations.
Mar, 5, 2013
A car is stolen every 40 seconds in the United States. There were an estimated 794,616 motor vehicle thefts nationwide in 2009, accounting for a total loss of $5.2 billion. If a consumer with a new auto loan has their car stolen, or gets into an accident, insurance companies will pay for the current market value of the car, but not what a borrower owes a lender. If a driver prepared ahead of time and purchased GAP insurance, that would cover the difference in between the two numbers.