If you are going to help get somebody out of jail by getting a bail bond, you will likely be requested to give collateral as part of the process. The collateral is used to ensure that the person being released from jail shows up for their court date, and if they don't, the bail bondsman gets to keep the collateral you gave them to help make up for the money they lost.
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If you're in a financial bind and need quick cash, a car title loan can be an excellent option. Specifically, a car title loan allows you to get quick approval for a personal loan, usually without the need for a credit check. Instead, you place your vehicle as collateral. The money from a car title loan can be used for just about anything, from bills and rent to personal expenses.
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