A car or truck name loan — also called a pink-slip loan, name pledge or title pawn — is a tiny, short-term, high-rate loan that makes use of the clear name on the automobile as security.

A car or truck name loan — also called a pink-slip loan, name pledge or title pawn — is a tiny, short-term, high-rate loan that makes use of the clear name on the automobile as security.

You’ve most likely seen or heard ads such as these. You’ve had problems getting a loan from a traditional lender like a bank, you may think a car title loan is the answer if you need cash quickly, and. Read more