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An auto title loan is a short-term loan that uses your vehicle’s title as collateral

An auto title loan is a short-term loan that uses your vehicle’s title as collateral

Got questions? We’ve got answers.

  • What is a car title loan?
  • Do you offer car title loans near me?
  • What if I have bad credit?
  • How much money can I borrow?
  • Can I still drive my car?
  • View more questions

No credit check is required, and repayment is usually due within 30 days but can be extended with an installment plan if needed. The amount available for you to borrow https://paydayloanstennessee.com/cities/manchester/ will depend on the value of your vehicle.

Car title loans are great alternatives to traditional bank loans since they do not require a credit check and can usually be processed much quicker. There are fewer requirements for income, employment, and documentation, and interest rates are lower than unsecured loans.

Other short-term loans, like cash advances and payday loans, can have high-interest rates, additional fees, and strict terms. Auto pawns (not title pawns) are secured short-term advancements, but use your actual vehicle as collateral, rather than just your title.

Title pawns, pink slip loans, auto equity loans, and auto collateral loans are all terms that can be used to describe types of title loans.

Titlelo offers car title loans in twenty-one states.

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