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Home > Money & Services > Credit   »   Car Title Loan

 
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Old Jul 3, 2008, 05:26 AM
globalts
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Car Title Loan

If you pawn a title, and the title is no good, therefore the title loan company cannot lein the vehicle title, what course of action does the company have since they cannot legally repossess the vehicle, if you cannot pay the loan?

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Old Jul 3, 2008, 07:12 PM   #11  
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Yes, if this is not you, stay out of it, stay as far away from this person as you can, I see the title company pressing criminal charges against the person if they are not paid shortly. Depending on the state, theft by deception comes to mind, fraud on a loan document, perhaps even theft,
So if this is a close person, saving up bail money may come to mind
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