A car title loan is where the owner of the car/SUV uses the equity in their vehicle as collateral. One of the biggest advantages of a Car Title Loans USA is there’s no requirement to have a good credit rating, and that’s because the loan is secured against the motorcar. This means if someone has the worst credit but they have a vehicle that has equity in it, they can gain access to funds they might not be able to get otherwise. Car Title Loans in Chillicothe will give this type of loan if your car is nearly paid off, but this is less familiar.