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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...

    A car title loan, or “pink slip loan,” allows you to borrow anywhere from 25 percent to 50 percent of the value of your vehicle in exchange for giving the lender the title to your vehicle as ...

  4. 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 ...

  5. How do secured loans work? - AOL

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

    A secured loan is one way to score a lower interest rate. ... 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 ...

  6. %%title%% · %%sitename%% What is a Secured Loan and How Do ...

    www.aol.com/finance/title-sitename-secured-loan...

    A secured loan is a type of loan backed by collateral that your lender can seize if you don’t make payments. A mortgage is one of the most common types of secured loans. Your home is the collateral.

  7. Secured transaction - Wikipedia

    en.wikipedia.org/wiki/Secured_transaction

    A debtor borrows $10,000 from a car dealership to purchase an automobile, using the automobile itself as collateral for the loan (in other words the dealership retains a right to repossess the automobile in the event the debtor defaults on the loan). The dealership makes this loan using an authenticated security agreement – a signed agreement ...

  8. Secured vs. unsecured debt: What’s the difference? - AOL

    www.aol.com/finance/secured-vs-unsecured-debt...

    Personal loans, credit cards, student loans and medical loans are some forms of unsecured debt. Secured and unsecured debts have many similarities, but one major difference is whether collateral ...

  9. 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 ...

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