There are hundreds of car title loan companies all over the country that simply target the lower income bracket by promising loans even with a poor credit history. I tend to think that these loans have a catch especially with regard to loan repayment. I have seen many people losing their property simply because they used it as collateral for a loan, which they ended up defaulting. Many of these companies do not talk about the issue of repossession on their websites and official documents, which means borrowers only borrow blindly without considering the specific terms of repossession. What is your take on withholding such important information that can help people make informed decisions? Have you eve taken an auto loan and what was your experience like with regard to the repayment process. Did you regret it? The companies also give very low valuations of borrowers' cars simply because they want to hedge against any incidents of borrower bankruptcy. If you default, you never get a penny from the surplus funds auction of your car. This is unfair in all aspects! What is your take on that also?