Car Title Loans

An auto title loan is a loan designed to allow the borrower to use the vehicle title as collateral, while the lender must surrender a hard copy in exchange for the loan. Car title lending, or auto title lending in Florida, requires a lien, which is then lifted when the loan is repaid, returning the car title back to its owner, as part of the vehicle title lending process.




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Who is Involved in Car Title Loaning?

Car title loans can be very helpful in the right situation. Is your situation the one? If you find yourself short on money, but needing to pay major bills, a car title loan may be right for you. However, before you sign up for one, understand the advantages and disadvantages first, because there are big consequences to defaulting on the loan. These loans can help you in the short-term, but harm you in the long run if you are not clear about what they require. Read more...

When Do I Need a Florida Car Title?

A large majority of people put away the title of ownership for their vehicle and never think about it again until it comes time to get rid of the car. While in almost every case this is okay, it's important to never lose track of where this document is kept. Losing a car title requires that you request a new one, which incurs a fee of up to $77. Also, receiving a duplicate title takes a few weeks, so if you need it quickly, you will not be able to obtain it. Read more...

Bill of Sale vs Car Title

Often confused, or thought of as one document, a Bill of Sale and Car Title are not at all the same thing. But do you know the difference? Before we get into the differences, there is one major similarity: both documents are very important when it comes to buying and selling a vehicle. To be perfectly clear, however, you cannot complete the sale of a vehicle without the title, but you can without a bill of sale it's just not a very good idea. Read more...