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  2. Logbook loan - Wikipedia

    en.wikipedia.org/wiki/Logbook_loan

    A logbook loan is a form of secured lending in the United Kingdom and is the most common modern example of a security bill of sale. Borrowers transfer ownership of their car, van or motorcycle to the logbook lender as security for a loan. While making repayments borrowers keep possession of their vehicle and continue to use it.

  3. 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.

  4. 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 ]

  5. Vehicle title - Wikipedia

    en.wikipedia.org/wiki/Vehicle_title

    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 ...

  6. Learn How Car Loans for Teens Work - AOL

    www.aol.com/learn-car-loans-teens-185400430.html

    Learn how auto loans for teens work, ... The cost of insurance for young drivers runs about $2,000 a year, but the true cost depends on personal factors, like age, driving record, location, ...

  7. How to get out of a title loan: 5 legal title loan loopholes

    www.aol.com/finance/title-loan-5-legal-title...

    A car title loan is a secured small loan, usually for 25 to 50 percent of your vehicle’s value. These types of loans tend to be much more expensive than conventional personal loan options, even ...

  8. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    A car title loan is secured by the borrower's car, but are available only to borrowers who hold clear title (i.e., no other loans) to a vehicle. The maximum amount of the loan is some fraction of the resale value of the car. A similar credit facility seen in the UK is a logbook loan secured against a car's logbook, which the lender retains. [100]

  9. Buying a Used Car: The Best Age and Mileage To Get ... - AOL

    www.aol.com/finance/buying-used-car-best-age...

    Buying a used car can save you money, but you’ll want to check the vehicle’s age and the number on its odometer to get an even greater value. Explore: Why You Should Stick To the One-Tenth ...

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