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  2. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  3. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    The borrower then pays off the financial institution the same as for a direct loan. [citation needed] Typically, the indirect auto lender will set an interest rate, known as the "buy rate". The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate".

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

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

    Loan terms: These short-term loans typically start at $100 with repayment periods of 15 to 30 days. Borrowing costs: These loan products come with steep interest rates.

  6. Closed-end credit - Wikipedia

    en.wikipedia.org/wiki/Closed-end_credit

    Auto loans are especially beneficial in this respect. Successful management of a closed-end credit is a very demonstrative indicator for future lenders. The peculiar feature of closed-end credits is that they preserve the same interest rate level and the loan principal is not increased after the disbursement of funds or after the partial repayment.

  7. Learn How to Refinance Your Auto Loan with Bad Credit

    www.aol.com/learn-refinance-auto-loan-bad...

    Once you've picked the best loan refinancing offer, your lender will require several documents to finish the paperwork. While you're waiting for your pre-qualification, here is the information you ...

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