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2. 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 ...

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. 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 ...

5. Unsecured debt - Wikipedia

   en.wikipedia.org/wiki/Unsecured_debt

   Personal loan – A personal loan is a loan which can be taken to meet unspecified financial needs, such as a wedding, travel, or medical emergencies. [1] The interest paid on a personal loan is in most cases higher than that payable on secured loans.

6. 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 ...

7. Should I use a home equity loan to buy a car? - AOL

   www.aol.com/finance/home-equity-loan-buy-car...

   Now, many auto loan offers are lower or comparable to the rates on home equity products: As of May 2024, new car loan rates (starting as low as 5.64 percent) were averaging several percentage ...

8. Secured loan - Wikipedia

   en.wikipedia.org/wiki/Secured_loan

   A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults , the creditor takes possession of the asset used as collateral and may ...

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

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

   Refinance with a personal loan. Another option is to apply for a new, lower-cost loan and use the funds to pay off the title loan. You can use a personal loan for bad credit to refinance a title ...