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  2. 8 types of personal loans and their uses — plus 5 to avoid

    www.aol.com/finance/types-personal-loans-uses...

    Title loans: A car title loan uses your vehicle’s title as collateral. You borrow against the value of your car, which means lower interest rates than unsecured options.

  3. Can you use a personal loan to buy a car? - AOL

    www.aol.com/finance/personal-loan-buy-car...

    Using a personal loan. Personal loans can be used to cover the cost of different financial needs, from medical expenses to the costs of a wedding or debt consolidation and yes, a car purchase ...

  4. How do title loans work, and are they ever worth the risk? - AOL

    www.aol.com/finance/title-loans-ever-worth-risk...

    The application fee is capped at $20, and you’ll pay no more than 28 percent in interest. This makes payday alternative loans more affordable than car title loans and some bad credit personal loans.

  5. Title loan - Wikipedia

    en.wikipedia.org/wiki/Title_loan

    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]

  6. Should I borrow money against my car? People with bad ... - AOL

    www.aol.com/finance/borrow-money-against-car...

    For example, car title loans, where drivers borrow money using their car as collateral, can charge as much as a 300% annual percentage rate (APR), according to the Federal Trade Commission.

  7. How do secured loans work? - AOL

    www.aol.com/finance/secured-loans-020828573.html

    Unsecured credit cards, student loans, personal loans, etc. ... With a HELOC, you also put your home up as collateral. Auto loans: When taking out a loan to pay for a car or any other vehicle ...

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