Virginia Car Title Loan Business Startup
Here’s the 2014 Virginia car title loan statistics as reported by the Virginia State Corporate Commission. 2014 is the latest available as of today. Virginia average title loan principal is $1048.00. There were just over 155,000 Virginia car title loans made. Average number of Virginia car title loans per borrower was 1.2. The average APR for […]
Virginia Car Title Loan Laws
Virginia Car Title Loans What is a Virginia car title loan? A car title loan is a short term, high interest loan secured by the borrower’s car title as collateral. If the borrower defaults on the loan, the car title lender has the right to repossess and sell the vehicle. Nearly 150,000 Virginia households reported […]
Virginia Title Loan Business
Virginia Title Loan Business State AG misstates Virginia car title repossessions. “Nearly 20,000 Virginia car title loan transactions resulted in a repossession last year? Virginia AG Cracks Down on Car Title Loan Companies What a load! Where is the data? It doesn’t exist. What’s more likely? Credit unions and banks repossessed 98% of these cars having […]