Car Title Loans
Vehicle titles are also used for car title loans, where a lender will loan the car's owner money in return for keeping the car title until the debt is paid off. Car title loans are marked by high interest rates, a short time to repay the loan, and the loan amount is usually less than the car's monetary worth. Also the borrower risks losing the car to the lender if the loan is not paid back. These type of loans are marketed as small emergency loans.
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Famous quotes containing the words car, title and/or loans:
“Did ye not hear it?—No; ‘twas but the wind,
Or the car rattling o’er the stony street;
On with the dance! let joy be unconfined;
No sleep till morn, when Youth and Pleasure meet
To chase the glowing Hours with flying feet.”
—George Gordon Noel Byron (1788–1824)
“Fifty million Frenchmen can’t be wrong.”
—Anonymous. Popular saying.
Dating from World War I—when it was used by U.S. soldiers—or before, the saying was associated with nightclub hostess Texas Quinan in the 1920s. It was the title of a song recorded by Sophie Tucker in 1927, and of a Cole Porter musical in 1929.
“The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations.... But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness.”
—John Kenneth Galbraith (b. 1908)