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A car name loan is a short-term loan, where the consumerвЂ™s title to your car (automobile, vehicle, bike) functions as collateral. The lender can take the vehicle if the consumer misses payments or does not repay the loan on time.
Consumers should work out caution before borrowing cash with an automobile name loan as it is often a really costly as a type of credit and you may lose your car or truck. Read more