A vehicle title loan — also known as a pink-slip loan, name pledge or title pawn — is a little, short-term, high-rate loan that makes use of the clear name on your own automobile as collateral.

A vehicle title loan — also known as a pink-slip loan, name pledge or title pawn — is a little, short-term, high-rate loan that makes use of the clear name on your own automobile as collateral. You’ve most likely heard or seen adverts like these. If you’d like money quickly, and also you’ve had dilemmas getting that loan from a …