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What is a title loan or Title pawn?

April 26, 2017loan pawn title

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What is a title loan or Title pawn?

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A. A Title Loan (or Title Pawn) is a short-term advance made to you if you own your car. We hold onto the title and give you the cash you need. You get to keep your car and when you pay back you loan or pawn transaction, we give you your title back. It’s that simple!

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A title loan or pawn is a quick and convenient way for people who own their car to get cash using the car as collateral. It allows consumers to use their car to solve short-term cash flow problems. Without title lending, many consumers would be forced to sell their vehicle in a time of need.