I am sevearl monthes behide do i lose the car or can i pay an stll keep it
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.
If you can't pay back the title loan from a pawn shop due to being totaled and you got a cut check from your insurance company, I suggest you use that check to pay off that loan to avoid a lawsuit because the pawn shop will not see that insurance check you got from the totaled car. If you don't pay them off and they know the car is totaled, then they will come after you in civil court for the amount of the loan + damages + fees. If you got no check from the insurance company then they will just come after you for the loan. They do not fully own the vehicle because you did not sign over the title to the pawn shop. You are not allowed to sign it over to them unless you are really selling it. Some states do allow this but check with your state laws about it. All they are going to do is file a lawsuit against you for the amount of the loan unless you made payment agreements with the Pawn Shop which I would do.
at a pawn shop
You give over a piece of property and get a low amount of money on loan. They usually have a very high interest rate and you may end up losing your property.
What is the maximun interest fee on a pawn loan in CA?
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.
If you sell a car with a lien on it, which is a title pawn. You must pay the lien off before the car is clear and you can get the title back.
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what if i dont have the title
This is a tricky adventure. The pawn shops do not work like a bank or credit union does. There policies are a little stricter and more abusive than what you will get from the banks and credit unions. The great thing about the pawn loan is that you can bring in actually merchandise that they will except for payment if you do not have the cash. They also do not allow you to go for a few months without payment before they reposes your vehicle. You also have to put something up of greater value so they would finance you.
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.
In chess, a backward pawn is a pawn that is behind the pawns of the same color on the adjacent files and that cannot be advanced without loss of material, usually the backward pawn itself.
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.