Khan Academy 148d ago

Some loans don’t just come for your money. They come for the things that make daily life possible. Title loans turn a small, short term cash need into a high stakes gamble. When a car becomes collateral, missing a payment can mean losing your transportation, your job, and your independence all at once. This is how a few hundred dollars can cost thousands and why these loans are especially dangerous for people with the fewest options. ➡️ Part 4 is coming up next, where we look at what protects borrowers and what still needs to change. These videos are made possible thanks to @intuit for Education.