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Business, 26.03.2020 03:29 shay8850

Consumers have a number of options when obtaining a loan. Financial institutions range from banks to payday lenders, and loans range from long to short term. One type of short-term loan is called a title pawn loan. Which statement BEST describes why these types of loans should be avoided if possible?
A vehicle title must be provided in exchange for a loan, and people can potentially lose their vehicles if loans are not paid back.

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Consumers have a number of options when obtaining a loan. Financial institutions range from banks to...

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