Q. Do you hold onto my vehicle when I get the loan?
A. No, auto title loan lenders do not retain the vehicle when you receive an auto title loan, and you are free to keep driving whenever and wherever you need to while making regular monthly payments on time. Back
Although your auto title loan lender will have possession of your vehicle's title, as it is used as collateral for the length of your loan term, you will retain full use of your vehicle as long as you continue to make regular payments on time on a monthly basis.