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The manner in which you pay off your loan differs. It’s determined by what type of borrowing from the bank you chooseand the financial institution you are coping with. However, usually, these types of terminology pertain irrespective of loan sort of and you can lender:
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– Applications submitted on this website may be originated by one of several lenders, including: 5 Star Loans, Inc., dba 5 Star Car Title Loans, a licensed lender in California; or one of our lending partners, including tribal lenders. loans originated by our lending partners will not be serviced by 5 Star Car Title Loans. * Choosing a loan amount between $250 to $750, will connect you to our lending partners who provide installment and payday loans. – Applicants must be at least 18 years of age (19 in Alabama). Loans not available in all states. In California, loans made or arranged pursuant to our California Financing Law License #603J988. See State Disclosures for additional information. – Car Title Loans are expensive, and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long-term solution. We recommend and encourage consumers to pay early and often and more to avoid additional finance charges. – The credit decision on your loan application may be based in whole or in part on information obtained from a national database including, but not limited to, TransUnion, Equifax, LexisNexis or FactorTrust, Inc. 5 Star Car Title Loans® has no control over other lenders’ interest rates or payments, which may vary by consumer.