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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. 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. 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 ...

6. 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 ...

7. What you need to know about short-term loans - AOL

   www.aol.com/finance/know-short-term-loans...

   Car title loans: Another type of short-term lending, a car title loan, allows the borrower to use their vehicle as collateral as long as it’s owned outright. These loans usually allow you to ...