Does the title loan agency have right to repo your car if they title?

Yes, a title loan agency has the right to repossess your car if you fail to repay the loan according to the terms of your agreement. When you take out a title loan, you are using your car as collateral for the loan. This means that the lender has a security interest in your car and can repossess it if you default on the loan.

The specific conditions for repossession will be spelled out in your loan agreement. Typically, the lender will be able to repossess your car if you:

* Fail to make a payment on time

* Exceed the mileage limit specified in your loan agreement

* Use your car for illegal purposes

* Allow your car to be damaged or destroyed

If the lender does repossess your car, they will typically sell it at auction to recover the amount of the loan. Any proceeds from the sale that exceed the amount of the loan will be returned to you.

To avoid having your car repossessed, it is important to make sure that you understand the terms of your title loan agreement and that you make all of your payments on time. If you are struggling to make your payments, you should contact the lender immediately to discuss your options.