A car title loan, also known as an auto title loan or pink slip loan, is a short-term loan that uses your car as collateral. Find out how car title loans work.

Title loans are legal in only 17 states, though some of those states have caps on how much they can cost and how long they can last. Most other states have banned them altogether.

Even if you repay on time, title loans carry much higher costs than most other lending options. Alternatives to Car Title Loans. If you have bad credit, you might think you have no other options.

Yes, title loans are hard to pay back for two primary reasons. First, the entire loan amount is often due in no more than 15 to 30 days, a very short repayment term that can be hard to meet.

There are ways to get out of a car title loan, including negotiating with the lender, paying off the loan in full or refinancing with a lower-cost loan. Defaulting on a car title loan can have ...

Once you finish paying your loan and transfer the title, your lender will no longer have a lien on your vehicle. How to Get the Title After Paying Off a Car Loan .

Montgomery, USA – April 21, 2018: Easymoney payday loan financial institution with window sign for checks payable cashed, fast easy quick title loan in Alabama capital city ...

If you need a loan ASAP, there's a good chance you've come across lenders offering title loans. On the surface, they look convenient. Fill out a loan application, hand over your car title as ...