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If you get an auto title loan for $650 you pay $176.38 a month. If you don't pay it right away and pay just the finance charge and you pay for 6 months that adds up to $1058.28. After you have paid that much you still owe $800 some odd dollars. Then you start paying $176.38 +at least $50 to start taking away from the original $650. That adds up to a lot of money. That is more than $2000 for a $650 loan. Don't get into these loans if you can help it. |
