Secured car title loans are a type of short-term loan where the
borrower uses their vehicle’s title as collateral to secure the loan. The lender places a lien on the
vehicle’s title, and the borrower temporarily hands over the hard copy of the title in exchange for the
loan amount.
borrower uses their vehicle’s title as collateral to secure the loan. The lender places a lien on the
vehicle’s title, and the borrower temporarily hands over the hard copy of the title in exchange for the
loan amount.