Michael owned a small room above his garage, which he had converted into a gym and ran as a side business. One day, the gym floor gave way. Fortunately, no one was hurt but Michael had to get the floor fixed soon or he would lose the income his gym brough...

There's this trip you have been planning with your buddies for months but your wife wants you to buy her an expensive necklace on your wedding anniversary. What do you do now? Do you skip the trip you have long planned or do you displease your wife? Do ...

There are times when you may require money urgently. And if you don't have it readily available, you may need to borrow it. You can always apply for a loan in a bank. Alternatively, you can approach relatives or friends for the money. Another option open ...

Before buying a car from a dealer, family member, friend, or stranger, you should check the car title history to confirm that it has a clean past and won't cause you headaches in the future. It is your responsibility to do this even if the car appears to ...

You want to buy a car but think your credit isn't good enough? You're not the only one out there. You may be tempted to consider a bad credit car loan. As the name implies, a bad credit card loan is a viable alternative for people who are interested i...

For many of us, buying a new car can be an expensive proposition. In comparison, buying a second hand car is often a more affordable option. The problem with a used car, however, is that you need to be sure you are getting your money's worth. Sellers n...

An auto title loan allows you to raise finance using your car. This means that you can borrow money by putting your car up as collateral. The lender retains the title of your car until your loan is duly repaid. As with all other types of loans, an auto ti...

Car title loans are short-term loans that you can get by putting up your car as collateral. This is the way it works: you receive the loan money, and in return, deposit your car title and a duplicate set of your car keys with the lender. You can recov...

Auto title loans, also called pink slip loans, involve borrowing money against your car. However, this is a decision that should involve careful planning. Ask yourself the following questions before agreeing to sign over your car in exchange for a loan. ...

Obtaining a loan by using your car as collateral has several disadvantages. Read about these below, before you sign on the dotted line. High interest Taking a loan against your car will involve high interest rates, which you may not anticipate...

Taking an auto loan to buy a new car is accepted practice. It allows you to get the required amount of money to make a good purchase, and then pay off the debt later in installments. However, auto loans also carry risks that you need to guard against. ...

Using your car as collateral to get a short-term loan can be a good option for you if you need quick cash. You can continue to drive your car during the loan period, and as long as you repay the loan within the allotted amount of time, the transaction can...

What can you do if you need cash urgently, but don't have good credit, or think that getting a bank loan would be a hassle? A way out is to pawn your car. In a car pawn, a car is used as collateral to receive a loan. The owner of the car gives his tit...

If you need fast cash and own a car, you may consider a car title loan. While this may seem like a quick fix to your money problems, this too-good-to-be-true solution has its share of problems. These are the disadvantages of a car title loan: High i...

Your car may be one of the costliest assets you own. It is not only a prized commodity that helps you travel but can also help you arrange for instant cash by using it as security against a loan. Your car title establishes your ownership of your car. I...