How do car title loans work?
With a title loan, your vehicle will serve as collateral since the loan isn’t based on your credit. Title loans are a great option for people who struggle with poor credit but need fast cash through a convenient, affordable loan. If your vehicle carries enough value, you’ll be able to get the loan you need.
When you get a title loan, you get to keep your vehicle. However, the vehicle’s title will be transferred to our name. When you pay back the loan, the title will be transferred back to your name. If you are unable to pay off the loan, the car stays under our name until the loan is paid off.