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Who does title loans

The entire process is much like that of going to a pawn shop. This is also why car title loans are sometimes referred to as title pawns. To take out a loan/pawn,

Closed-ended loans grant borrowers a specific balance that does not renew once repaid. Secured loans rely on an asset as collateral. A car title loan is a type of secured loan where borrowers can use their vehicle title as collateral.

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