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Title Loan Repayments
September 10th, 2011 by admin
How long should it take you to repay Title Loans? It depends on the type of loan. For example, if it is for a vehicle, lenders will not allow you to exceed five years if the car is brand new. This is typical for auto loan lenders as well. As a rule of thumb, second hand vehicles should not exceed three years to repay. However, if you are purchasing a property, the length of the loan can be extended. It is usually repaid between 8 and 15 years. If you are looking for a longer term, you will have to go to a bank, where it is possible to get 20 or more years.