Collateral car title loans shouldn’t be confused with unsecured loans and short term loans. Collateral car title loans are secured loans Collateral vehicle title loans are secured because it uses a fully owned car and car title as collateral. In exchange for a loan amount, borrowers allow the lender to place a lien on their car title, and temporarily surrender the hard copy of their car title. The lien is removed and the car title is returned to […]