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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...

    Car title loans come in a couple of different varieties. Some are single-payment loans, meaning the borrower must pay the full amount of the loan plus the interest rate fee within a month or so.

  3. 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)

  4. 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.

  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. 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 ...

  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. 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. What are instant loans? Everything you need to know - AOL

    www.aol.com/finance/instant-loans-everything...

    Car title loan. Also known as a pink slip loan, this loan is secured by your vehicle’s title . You still get to drive your car, but you’ll need to repay the loan in full, including interest ...

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