Should You Really Consider a Car Title Loan?
Posted on January 7, 2009
Filed Under auto loans financing |
The name of the loan sounds deceiving. Car Title Loan. One would think that a car title loan would be a loan where the lender holds the title to the automobile you’ve chosen while you pay your vehicle off. Guess what? All lenders do that. Any loan where you’re using your car for collateral will require that the lender hold the title for the term of the loan.
Source:Should You Really Consider a Car Title Loan?
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