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An auto title loan uses a vehicle you already own as collateral for borrowing. It differs from a purchase loan. These products can be short term and expensive, and the lender may be able to repossess the vehicle if repayment fails.How the borrowing arrangement worksRead the payment schedule and collateral conditions. Ask what ownership documents, access or equipment the provider requires. Verify the lender and the applicable rules in your state before handing over documents or agreeing to security over the vehicle.Costs and repaymentCompare APR, finance charges, add-ons and any extension terms. Include the practical cost of losing transportation when assessing the decision. A payment arrangement with the biller or another small-loan option may be worth investigating first.Preparing to compare offersAsk which title, ownership, lien and vehicle-inspection documents are required.

• Совершайте покупку на месте или с помощью защищённых платёжных систем
• Не платите при помощи анонимных платёжных систем
• Не покупайте за пределами своей страны
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