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Do title loans go on your credit report?
Asked by unknown
1 Answers
The most redeeming qualities about secured loans are that lenders typically won't check credit, and the loans aren't reported to the credit bureaus. But while you're frantically trying to gather enough money to pay off those loans, you may neglect paying off things that do affect your credit.
What documents are needed for a car title loan?
Asked by unknown
1 Answers
1. Identification Documents. Provide the title loan company with driver's license and Social Security number so it can verify identity. 2. Residency Documents. 3. Financial Documents. 4. Vehicle Documents. 5. Reference Information.
Can one use car as collateral for a loan?
Asked by unknown
1 Answers
To use an item own as collateral, you must have equity in it. If you have a car loan, you might have enough equity. You would need to owe less than its value. To find out, estimate your car's value at one of the car pricing sites, and compare it to the payoff amount of your car.