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Letters to the Editor

Car title loans too expensive

High interest rates are one of the biggest drawbacks to car title loans (“Report: Car title loans drive some into even more debt,” Bay State Banner, March 7, 2013).

Much like payday loans, you can end up paying extremely high rates for car title loans. Due to the high interest rates, car title loans generally have special rules in each state that limit how much trouble you can get yourself into. Because you are pledging your vehicle as collateral, it’s possible that you’ll get a better rate than other unsecured loans, but car title loans are not cheap.

Ricky Hitch
Via email

Creating more awareness of HIV/AIDS

I am so glad to see what the Boston area is doing to stimulate dialogue and bring about change in the way the world views the HIV/AIDS crisis! Keep up the good work!

Charles W. Greer III
Via email

Some homeowners share blame for mortgage crisis

It takes two to tango. I know three families in California who received loans for homes based on highly inflated income statements. The statements were not checked out by the lenders and they all bought homes. And they all lost them.

Lying buyers AND lying lenders created the mess. I’m sure there were plenty of whites who did the same thing.

We’ve really got to stop being so sensitive about skin color and just be happy we live in a country with SOME opportunities. Make the most of our own abilities and learn that the only one who must take seriously the job of looking out for you is you.

Thorn
Via email