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  2. 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]

  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. 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 ...

  5. TitleMax - Wikipedia

    en.wikipedia.org/wiki/TitleMax

    TitleMax, Inc. is an American privately owned title lending business with corporate offices in Dallas, Texas and Savannah, Georgia. The company has more than 1,100 stores in sixteen states. The company has more than 1,100 stores in sixteen states.

  6. How To Buy a Car from Someone with a Loan - AOL

    www.aol.com/finance/buying-car-lien-purchase...

    All loans on a car with a lien must be paid off before the seller can transfer clear title to you to complete the transaction. Check Out: 6 Unusual Ways To Make Extra Money (That Actually Work)

  7. No-credit-check loans: What are they and how do they work? - AOL

    www.aol.com/finance/no-credit-check-loans...

    If you default on a car title loan, the lender may repossess your vehicle. Just like payday loans, title loans should be a last resort because the average auto title loan has an APR of about 300 ...

  8. Electronic lien and title - Wikipedia

    en.wikipedia.org/wiki/Electronic_Lien_and_Title

    For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien. The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some ...

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

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

    It is important to carefully consider all options and budget carefully to avoid getting trapped in a cycle of debt with car title loans. A car title loan is a secured small loan, usually for 25 to ...

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