I often go to the 7-11 located in the strip mall area where the Walmart is located in Burke. A few years ago, maybe longer, a Title Max store opened net to the 7-11.

I just noticed it said that the store was CLOSING.

Is this a sign of the economy turning around?

No worries - There are plenty of those title joints down on RT 1 in Hybla Valley area for you.

­



Edited 1 time(s). Last edit at 04/20/2016 04:28AM by chuckhoffmann.

chuckhoffmann Wrote:
-------------------------------------------------------
> More likely that there's just not enough business
> available to keep the store open.
>
> If you want to get a title loan, you have to hold
> the title; it has to free and clear of any liens,
> meaning you can't still owe the bank money on it.
>
> So, you need to own your own car, and yet still
> not have access to any of the better, less
> expensive sources of credit (the interest rates on
> a TitleMax loan are so usurious -
> 264% annually - as to be
> laughable for anyone who's even a moderately
> sophisticated consumer). TitleMax preys on the
> poor, ignorant, and desperate.
>
> There's probably just not enough of these
> potential suckers customers in
> Burke, or they've already gotten everyone who fits
> the description. Strip mine and move on.

for many people, their car is their biggest assett

uvDLm

That's good news - a Title Max nearby is a sure indicator that you don't live in a tony neighborhood. Another indicator is if your local high school is playing in the state basketball championship - unless you live in Wyoming or Utah.

When I bought my house 20 years ago I checked the neighborhood banks to see if they had bulletproof glass, and whether I could pump first before paying at the gas stations.

If I had to house-shop today I would avoid any area with a Title Max, pawn shop, check-cashing store, or adult-oriented business.

I pegged it for a year tops when it opened. They actually made it longer.

I never see anyone at the car title / loan store on Rt. 29 that's close to I-66. My guess is that facility will close within the next year.

^^^^^ - I meant to add Centreville into my post as that's the location I'm talking about.

Indicators Wrote:
-------------------------------------------------------
> When I bought my house 20 years ago I checked the
> neighborhood banks to see if they had bulletproof
> glass, and whether I could pump first before
> paying at the gas stations.
>
> If I had to house-shop today I would avoid any
> area with a Title Max, pawn shop, check-cashing
> store, or adult-oriented business.


Add Rent-A-Center and head shops to that list.

Indicators Wrote:
-------------------------------------------------------
> When I bought my house 20 years ago I checked the
> neighborhood banks to see if they had bulletproof
> glass, and whether I could pump first before
> paying at the gas stations.
>
> If I had to house-shop today I would avoid any
> area with a Title Max, pawn shop, check-cashing
> store, or adult-oriented business.

You should also check the percentage of free lunch recipients at the schools your kids will attend.

Indicators Wrote:
-------------------------------------------------------
> When I bought my house 20 years ago I checked the
> neighborhood banks to see if they had bulletproof
> glass, and whether I could pump first before
> paying at the gas stations.
>
> If I had to house-shop today I would avoid any
> area with a Title Max, pawn shop, check-cashing
> store, or adult-oriented business.


Then I guess Tyson's Corner/McLean is not for you.



Edited 1 time(s). Last edit at 03/15/2016 07:27AM by LetsRock.

Indicators Wrote:
-------------------------------------------------------
> When I bought my house 20 years ago I checked the
> neighborhood banks to see if they had bulletproof
> glass, and whether I could pump first before
> paying at the gas stations.
>
> If I had to house-shop today I would avoid any
> area with a Title Max, pawn shop, check-cashing
> store, or adult-oriented business.


Bet you look for gas stations where you can get pumped in the men's room.