A car title loan is a loan you take out for a small amount of money and for a short period of time. Before getting one, there are things you must consider:
- Can you get a loan from a bank or credit union?
- Can you get more time to pay bills by talking with creditors or a credit counselor?
- Do you have any money saved that you can use?
- Can you borrow money from family or friends?
- Can you use a credit card instead?
