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Can you get a title loan to fix your car even if the car is not presentable?

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Wiki User
2012-12-06 23:48:15
2012-12-06 23:48:15

Stay away from any place that deals in title loans. These places pray on poor people and are the last place you need to borrow money from.

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If your car is in good running condition, you can get a title loan. Most companies will physically inspect your car.

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yes if you are lucky enough. I guess nationwide car loan executives are very smart enough to give you car title loan even if you are having bad payday loan.

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'Title Loan' is a loan you will be getting of having a car loan on your on name.

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Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.

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The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.

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Yes it's their car you signed a lease they don't need a title to repossess their car. Title or no title they look up that information and have it mark on that title that the car was repossessed

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Yes, your car can be repossessed if the title loan is in collections. Actually, this is one of the most common ways for a defaulted title loan to be settled.

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car is in wifes and my name, she got a title loan unknowingly from the husband. She defaulted, can they take the car from the husband?

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You can you take out a loan if you own the car and have the free and clear title by going to a high-risk lender. This type of loan is called a title loan, and the lender will put his name on the title to your car until the money is repaid.

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If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.

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Loan paid off. Car totaled need title for insurance companyl

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As long as you have a clear title in your name, you can get a Title Loan.

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The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.

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Assuming you used the car's title to guarantee the loan - IF you fail to repay the loan, they can repossess your car ANY time they want to ! The title of the car remains the property of the loan company until you repay your debt.

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No, because it isn't your car.

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There are a few disadvantages to a car title loan including high interest rates. Loss of equity in the event of default and a short period of time to pay back the loan are also drawbacks to a car title loan.

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When you purchase a car you have to pay: Tax: Sales Tax, Licensing Title: You have to pay the state to register the vechicle (and be given the title to the car) Loan: the loan for the car and the associated fees Those various costs are often referred to as the Tax, Title, and Loan costs of a car. A 10,000 car may have a 6% sales tax (600 bucks!) registration may run you a few hundred, and then any loan fees (normally rolled into the loan).

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When it comes to using collateral for a car equity loan using your car title is an option through certain loan providers it just depends on their qualifications and the value of your car.

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Most banks or independent title loan companies will NOT give you an AUTO loan or consider the car as collateral on a Salvage title car. Some dealerships have been know to sell salvage title vehicles and submit the title for a loan, unbeknownst the bank or the vehicle's owner. This is not illegal in some states. Always ask to see the title when purchasing a used car from an unknown dealership.

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Yes. That's why the credit union has possession of the title. If you used the car as collateral for a loan and default on the loan the lender will take possession of the car and sell it to offset what you owe on the loan.

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You will find auto title loan companies in your community. Take the title to your car with you and talk to them about a loan. Your car title will be your security for repaying the debt. Just be ware if you do not, they can repossess your vehicle.

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Title max at 411 West Broad Street is one place you may put up your car title for a loan. You do not need a good credit rating to obtain a loan here. All you need is an id and a clear car title to get this loan at Title max.

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You will lose the car if the Auto title loan is not paid. The lapse in repayment can result in reposession of the car.


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