Are #CarTitleLoans Based on Qualifications? A car title loan is a collateral l…

Are #CarTitleLoans Based on Qualifications? A car title loan is a collateral loan where the borrower uses his car or other vehicles to secure a short-term loan. In this type of loan, your car will have a lien placed against it and you have to surrender a hard copy of the title to the lender. You have to give a set of duplicate keys to the lender. When you will repay the loan, your car keys and the title will be given back to you and the lien will also be released to you.