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I'm not sure what a "new law auto title loan" is, but basically, if you are using your car as collateral for a loan, yes they can take it if you fail to make payments on time. This should be pretty explicitly spelled out in the paperwork.

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Q: Can they take your car with the new law auto title loans?
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Related questions

Do auto cash title loans put a lien against your car?

Auto cash title loans do not put a lien on your car. What happens is you surrender the title to the loan company and they give you cash. If you fail to pay back the loan, they have the title and are now able to legally come and take your vehicle.


Where can I find out more about automobile title loans?

Automobile title loans is a good thing to use when in need of an auto car loan for yourself. To learn more about this information on auto loan you can check www.pinksliploan.com/Vehicle-Title-Loan.


Do you make car title loans?

Do you make car title loans


Why You Should Avoid Title Auto Loans?

Title auto loans are loans made to individuals who hold clear title to their vehicles. You will have to present the title and the car in order to secure this type of loan. However, the loan company does not keep your car; they just want to ensure that it is legally registered and that it has an up-to-date inspection sticker. While these loans are relatively easy to get, they carry very high interest rates. In addition, if you are unable to make the payments, you could lose your car. If you must take out a title loan, pay it off as soon as possible and try to avoid this type of financing in the future.


Where can you find information on Auto Title Loans?

The Auto Title Loan, also known as the "pink slip" in the US, is issued where the car owner uses their vehicle as collateral for a loan. Information regarding this can be found at the website of any company offering such loans.


Will a bank help you take out car loans?

Auto Loans - Save time and money with an auto loan from Capital One. Apply for auto loans online in minutes and lock in our competitive auto loan rates.Looking for an auto loan calculator? Bankrate provides car loan and auto loan calculators to help with your buying decision.


Car title loans reposse car if not pay?

YES! They took my friends car ans they can take you to court.


How do you get a good rate on an auto title loan?

Don't get an Auto Title loan. These loans are not made to give anyone a good rate. In most cases people end up paying more interest then they did for their car.


Are auto loans secured loans?

Yes, they are. An auto loan is secured loan based on the collateral of your vehicle. If you don't pay the loan they will unfortunately come take your car away.


Does Wells Fargo Financial offer auto loans?

Wells Fargo Financial does offer auto loans. They have many options including used car loans, new car loans, and auto loan refinancing depending on your loan needs.


Loan for someone with no credit history?

People with no credit history or with bad credit can get a car title loan. Car title loans, also known as "auto title loans", "pink slip loans" or just "title loans", is a fast way to borrow money using a person's vehicle as collateral. The owner of the car is able to get the money he needs and also retain the use of his car while paying off the loan which makes it one possible solution.Some companies even refer to these loans as bad credit personal loans, because they are so suited to people with bad credit or even no credit at all.


Can a personal loan be added to a car loan.?

As far as I know Personal Loans are completely different from Car or Auto Loans and they can not be added to Car Loans.