Taking Out A Title Loan Is Bad Karma

— We deal with a lot of clients who’ve taken out title loans —

Our intern Jenny, want’s to share her story about title loans:

Did you know that there’s a whole list of reasons on the internet as to what is a bad reason to take out a title loan?

Well, there is. And on that list is literally every reason that could ever lead you to take out a title loan. All of them. What that should have told me is that, basically, all of the title loan companies near me are bad news. And the ones not near me are pretty awful too.

But I really really wanted a new computer. I would say needed a new computer, but I’m trying this new thing where I learn the difference between ‘wants’ and ‘needs’ like a sensible adult.

Anyway, I really wanted a new laptop. My previous one had barely made it through printing off my 64-page research paper a page and a half at a time. With breaks in between for it to overheat and shut off. And I feared it was nearing the end of its life.

Being the poor student that I was, I had zero money to spend on a new computer. So the following dilemma ensued: either don’t put myself into more debt and spend my last assignment-free week of university nursing my hangovers with water, sleep and silence. Or I could put my car on the line so that I could spend my last assignment-free week of university nursing my hangovers with water, and a ‘Friends’ marathon. (Yes, I have already seen every episode approximately 342 times, but it just makes me feel better OK?).

No surprises, loan won out. I got my new laptop, and the next day I happily skipped back to my apartment to watch Ross tell Rachel they were on a break for the 343rd time. Only to find. Someone had broken into my apartment and stolen my brand new computer! The one I took out a loan for and didn’t hold any insurance for!

When people tell you title loan companies are the work of the devil. Pay Attention! I highly recommend comparing loan companies near you before you get a loan! Like for example here: http://www.financeflamingo.com/