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How do car title loans work

TitleMax educates you on how title loans work and gives you the best option for car title and auto pawn loans online. We do not perform credit checks!

Borrowers can drive away with the money in less than an hour, There are two kinds of car title loans:. Credit, Loans and Debt. the loan in 30 days. Car title loans can be very expensive. If you cannot repay the money you owe, the lender can take your vehicle.

How Do Car Title Loans Work? Under this type of arrangement, you keep and drive the car, but the lender keeps the title as security for repayment of the loan, You can get a car title loan or title pawn if you use the title of your motorcycle, truck, RV or car for collateral. If you’ This may sound pretty straightforward, but this kind of loan can lead borrowers deeper into debt and, in extreme cases, without a car. How Car Title Loans Work