24. What’s the difference between an auto title loan and a payday loan?

Payday loan terms are typically made with very short repayment terms lasting from only weeks to months. On the other hand, auto title loans have much longer repayment terms typically measured in years. This is a benefit to you in that it results in lower monthly payments for similar loan amounts.


← 24. What’s the difference between an auto title loan and a payday loan?