Loan Comparison Guide
Choosing the right loan type is critical for your financial health. We've compared the most common options to help you make an informed decision.
| Feature | Title Loan | Personal Loan | Payday Loan | Credit Union | Credit Card |
|---|---|---|---|---|---|
| Credit Check Required | Usually No | Yes | No | Yes | No |
| Typical APR Range | 100% - 300% | 6% - 36% | 400%+ | 8% - 18% | 15% - 30% |
| Funding Speed | Same Day | 1-5 Days | Same Day | 2-7 Days | Instant |
| Typical Max Amount | $25,000+ | $50,000+ | $500 | $25,000 | Credit Limit |
| Collateral Required | Vehicle Title | None | None | None | None |
| Risk if You Default | Repossession | Credit Score | Fees/Legal | Credit Score | Credit Score |
| Best For | Fast Cash, Poor Credit | Large Expenses | Small Emergencies | Low Rates | Small Purchases |