Many assets appreciate in value with time. Unfortunately, a car isn’t one of them. A new vehicle loses as much as 20 percent of its resale value as soon as you drive it off the car lot. With each passing year, the vehicle will continue to lose some of its trade value. There’s not much…

People may need short-term loans for all kinds of reasons. Even with the best-laid plans, sometimes there’s no avoiding unforeseen financial pressures. If you need to solve a cash flow problem, securing a loan against a paid-up vehicle could be the solution. Why use your vehicle to secure a short-term loan Before granting loans, traditional…