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Car title loans are a convenient way to get fast cash if you own your vehicle outright. These loans aren't without risk, though, as they use your vehicle as collateral and come with steep ...
A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]
Paying cash for a car can be a good move to eliminate monthly payments and other issues, but you should make sure it's best for your financial situation first.
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
Car title loan. Also known as a pink slip loan, this loan is secured by your vehicle’s title . You still get to drive your car, but you’ll need to repay the loan in full, including interest ...
In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
If your car has been in a wreck or has a salvage title, you're probably already aware that you're not getting the A+ value for it, but there are several other factors that also impact a car's ...
Sometimes, signing over a car title can be more difficult, especially if the vehicle belongs to deceased owners or there's a lien on the vehicle. Here are a few unique situations: Signing Over a ...
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9.0/10 (167 reviews)