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The Legal Debate Over Title Loans

Much ink has been spilled lately about whether title loans are life-saving options for the times you need fast cash urgently or just a decision that should best be avoided. The debate over title loans seems to be everlasting, with 30 states having outlawed car title loans already and another 16 allowing lenders to operate within their boundaries, even via loopholes. Before anyone jumps to conclusions and either forever ban or warmly embrace the idea of opting for a title loan, here are some facts that should be taken into account first.

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