How Do Title Loans Work?

To get a title loan, you need to have equity in your car. Many lenders require that you own the car free and clear, meaning you don’t have a loan outstanding on the car. Once you’re approved for a title loan, you’ll give the lender the title to your car. Once the short term loan is paid in full, your car title will be returned to you from the lender. https://www.youtube.com/watch?v=vHCKX93EvNk