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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. 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]

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

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

   A car title loan, or “pink slip loan,” allows you to borrow anywhere from 25 percent to 50 percent of the value of your vehicle in exchange for giving the lender the title to your vehicle as ...

5. How do secured loans work? - AOL

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

   Auto loans: When taking out a loan to pay for a car or any other vehicle, your vehicle will often be used as collateral. If you don’t make the payments on time and in full, your vehicle could be ...

6. Vehicle title - Wikipedia

   en.wikipedia.org/wiki/Vehicle_title

   Vehicle titles are also used for car title loans, in which a car owner gives the vehicle lender their vehicle title as collateral in exchange for a loan. 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 ...

7. Security agreement - Wikipedia

   en.wikipedia.org/wiki/Security_agreement

   It must contain a reasonable description of the collateral, and must use words showing an intent to create a security interest (the right to seek repayment of the loan by foreclosing on the collateral). In order for the security agreement to be valid, the borrower must usually have rights in the collateral at the time the agreement is executed.