Car Loan Tip No. 46 The Risks of an Auto Title Loan An auto title loan is a loan wherein you have to surrender or provide the title to your car as collateral or security for a loan you wish to take. Before you engage in this type of loan, realize that if you do NOT pay on the agreed upon due date of the loan, you face the REAL risk of losing your car. After that, the lender can sell the car for whatever price without giving you any of the proceeds.Written by: Anthony Recto Next Car Loan Tip
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