If you default on an auto title loan you may lose more than just your automobile.
If you find yourself unable to pay back your title loan and don’t have any money to pay for a rollover your automobile will likely be seized by the lender. With your title used as collateral for the loan, failure to pay off the loan essentially forfeits the title to your automobile. You can then count on someone coming to seize your former automobile within a matter of days - or even hours.