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How Vehicle Equity Loans Work for Borrowers With Less-Than-Perfect Credit

When money gets tight and your credit score has seen better days, the usual options start to close off. Banks say no. Credit cards are maxed. Payday lenders charge fees that feel like a second mortgage. For many people, the one asset that still holds value sits in the driveway or the garage. That is where vehicle equity loans come into play. These loans let you borrow against the equity you have built in a car, truck, or motorcycle, and they work very differently from a stan

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