 TITLE: Are Title Loans Worth the Cost? CONTENT: Title Loan Regulations for Military Members\n-------------------------------------------\nThe Military Lending Act offers special protection to military service members and their dependents. On title loans with terms of 181 days or less, the maximum APR a lender can charge these borrowers is 36%. Additionally, title lenders:\n*   Can't require the use of a check or access to a bank account\n*   Can't stipulate mandatory arbitration\n*   Can't require unreasonable legal notices\n*   Must provide certain disclosures about the loan costs and the borrower's rights\nIf a title loan agreement violates any of these rules with regard to military service members, it's automatically void. While these extra protections sound great, the cost of a title loan remains onerous—especially if you have to roll over the loan—and should make even these borrowers think twice. END