It's still your car as long as you pay for it. You are expected to pay impound to get it back.......................but they have the title
Any title holder must relinquish ownership by signing the title release
You get the title
The vehicle can be repossessed.
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.
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
The cosignatory of a promissory note agrees to pay if the person signing the note defaults. If he doesn't default, but completes payments then he also gets the title.
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
Yes, they would obviously know about it. When a title loan company offers you a title loan, it will check the car title well in advance. When it checks the title, it will easily come to know about any liens.
The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.
No, there is no statute of limitations on a title loan in the state of alabama. As long there is a recorded security interest on your car title i.e." Lien" you are obligated to repay your title loan
Can u go to jail for now paid a title loan