So you want to be green, cut on your carbon footprint and go electric? Want to finance one car against the cost of another? This is an area called title loans. A title loan is a kind of short-term loan that uses the borrower’s car as collateral to secure the debt. The most common reason that someone will apply for a title loan is if they do not qualify for any other kind of financing, which makes sense if you don’t have the responsibility of owning a lot of assets, except for maybe a tiny home. But think about what’s happening with Covid now? Maybe you want to buy an RV and take a long ride out of town for a few months or convert a van into a #vanlife experience in nature. A title loan? Your friend.
To get a title … Read more