Title Loan Trap
What might seem like a way to grab quick cash, car title loans can be risky and expensive. With high fees and outrageous interest rates, it can quickly be become a bill too big to manage. If you can’t pay as promised, you can lose your car. Many borrowers get caught in the trap of renewing these loans over and over, as fees and interest continue to rack up! Before you get caught in this debt spiral, talk to us at Pyramid Federal Credit Union. Our loan specialists will look at your situation and try to find a more affordable solution. Let us help you improve your financial life, AND keep your car!