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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...

    If you live in one of the 25 states where car title loans are allowed, you will generally need to own your car outright to obtain a loan. (Note: 12 states offer these loans but with restrictions).

  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. How do secured loans work? - AOL

    www.aol.com/finance/secured-loans-020828573.html

    Auto loans: When taking out a loan to pay for a car or any other vehicle, your vehicle will often be used as collateral. If you don’t make the payments on time and in full, your vehicle could be ...

  5. Can you use a personal loan to buy a car? - AOL

    www.aol.com/finance/personal-loan-buy-car...

    Because there’s no collateral to reassure the lender, the average personal loan rate is higher than the average auto loan rate. Rates can be as high as 36 percent — though those rates aren’t ...

  6. 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 ...

  7. 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.

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