Taking out a title loan could mean losing that vehicle you rely on to get where you need to go. Heres why car title loans are a bad idea. If you own a car getting a title loan in Arlington is easy. The lender uses your vehicle as collateral, so having bad credit wont necessarily affect your chances of getting a title loan. If you miss payments, the lender has the option to seize your car. This is whats known as repossession.
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