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Taking out a vehicle collateral loan can be a great way to get the cash you need, if you're willing to put up a car as collateral. This form of financing is also relatively easy to get, and can help you to get rid of your debt quicker. In most cases, you don't have to use your retirement funds as collateral. A car collateral loan can be a good way to pay for a major purchase. They can also help you save money for a down payment. It's also a good idea to compare loans before making a decision. You'll want to take into account the fees and interest rates, along with the repayment terms. It's not uncommon to get a car loan with a lower interest rate than a credit card. However, the average rate varies from state to state. Fortunately, there are a number of online lenders that are willing to offer car collateral loans. Some are federally insured and others are regional. Using your car as collateral may seem like an obvious idea, but it's not always as...