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When you have the title pawn but no longer have the vehicle talking to title loan personal can be beneficial. Also, gathering information from government offices that specialize in such business such as secretary of state.
A title loan allows you to sell you car quickly without a credit check or report. It is suppose to be used for short term situations. it is advised not to use title pawn loans on long term situations. you must have the title to your vehicle. title pawn loans are usually not worth it due to the high interest rates they charge monthly.
A title pawn loan is a method of using your vehicle title as collateral for cash. Its mostly done when you need money and don't have time. You can give your vehicle for a certain time to and get cash for it.
No. It's not theirs to sell, and they never should've taken the vehicle in for pawn without getting a title along with it. That vehicle belongs to the finance company. At the top of every pawn form, it asks the questions, "Are you the rightful/legal owner of this property?". If you answered yes to that question in regards to a vehicle with a lien on it, then you have committed fraud, and will likely face charges.
Yes. Typically, you will have to pay off the full amount of youroriginal pawn (plus repo and storage fees if your vehicle has been repossed It depends on the company you are using as to whether they will allow you to pawn it with them again or not. You may have to find another company to pawn your title with the next time.
Not until you get your title back. Pay off your loan, get your title back, then you're free to do with it what you will. And if you don't pay your loan to get your title back, the pawn broker gets ownership of that vehicle, and will report it stolen if you refuse to turn over your vehicle to them.
Auto Pawn USA is a company which will accept your vehicle as security for a loan. Money can be handed over immediately in return for handing over your vehicle and the title to the vehicle. The company also sell used vehicles and can arrange finance options for the purchaser.
IF the lender reports it to the CRA, it will. FWIW, title pawn lenders USUALLY dont report it. Too much work and paperwwork for them. LOL
Not until you've paid the pawn shop off and recovered the title.
Until you pay the pawn man. You then need the pawn shop to cancel the lien and have it approved at the dmv.
Some pawn shops will do this, yes.
You'll probably end up facing a lawsuit and possibly even criminal charges when all is said and done. When you pawn an item, the first question asked on pawn forms usually is, "Are you the lawful owner of this property?". If there is a lien on that vehicle, you are not the actual owner of the vehicle - the lienholder is, and you've pretty much committed fraud at that point.