How Car Title Loans Work: Short-Term Borrowing, at a Cost

Author: External Author | | Categories: Auto Finance , Auto Loan , Bad Credit Auto Financing , Bad Credit Car Loan , Buy Used Car , Car Accessories Financing , Car Dealer Service , Car Insurance Referral , Car Loan

Car title loans offer an option for quick approval on a short-term loan, but they’re generally very costly. To get an auto title loan, you need to pledge your vehicle as collateral by handing over the title to the lender until the loan is completely repaid.

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Original Article Source Credits: The Balance,

Article Written By  JUSTIN PRITCHARD

Original Article Posted on : March 12, 2019

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