Yes! This is a common misconception about title loans. Although you are using your title as the collateral for your loan, you are not pawning your vehicle, you are pawning the title to your vehicle to provide you access to the equity that you have in your vehicle in the form of a title loan. You will be able to keep your car and use it just like you normally would, unlike some other traditional pawnshops.
Capital Title understands how difficult it would be for you to leave your vehicle with us, which is why are only keeping your title. Instead, we secure a lien on your title until the loan is paid in full. This allows you to use the vehicle as collateral for the loan without having to give up your car. Even though Capital Title is the lienholder on the title, this does not change the ownership of the car. It is still your vehicle! We want to make getting your financial assistance, when you need it, as easy as possible!
Not sure this fully answers your question? Call our helpful staff at (850) 297-2274 with any other questions you may have. We look forward to assisting you!