Car title loans is another name given to payday loans, where a small amount of loan is given to the borrower at a high rate of interest, on the security of the borrower's car. Although, it is considerably easier to get this type of a loan, it is much more risky than normal loan; if you do not pay off your auto car loans on time, you could lose your car that is of a much higher value than the loan you have taken. : http://ezinearticles.com/?Car-Title-Loans-Giving-You-A-New-Opportunity&id=861330