Car Title Loan profits

By | Jan 19, 2014

Car-Title-Infographic-Large-Archetype-1200x CLICK ON THE GRAPHIC to ENLARGE IMAGE. How to Start a Car Title Loan Business: Learn how…

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5 Comments so far
  1. Frank M. January 19, 2014 9:39 pm

    So the CRL infographic demonstrates how profitable car title lending is :o)

  2. Payday Loan Industry January 19, 2014 9:39 pm

    Yes.

  3. 3 Month Loans January 22, 2014 11:28 pm

    Nice information!!!!!!

  4. Robert Smith October 19, 2017 2:12 pm

    I wonder if double-digit APRs, a longer term, and fully amortized loans would still be profitable for title loan lenders and remove the predatory nature described in the infographic. It would be just like an auto loan at that point.

  5. PaydayLoanGuy October 20, 2017 9:09 am

    They certainly could be. These are collateralized loans having 3 digit APR’s. Keep your costs under control, don’t over leverage the collateral, stay on top of customer communications, VERIFY their job prospects… The business of lending money has been extremely profitable since time began.

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