A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Payday LoanA small, short-term loan with very high fees meant to be repaid by your next paycheck, often trapping borrowers in repeat debt.
- Secured DebtBorrowing backed by collateral, like a house or car, that the lender can take if you fail to repay the loan.
- CollateralAn asset you pledge to back a loan, giving the lender the right to seize it if you do not repay as agreed.
- Predatory LendingUnfair or deceptive loan practices that trap borrowers with excessive fees, high rates, or terms designed to cause default.
- RepossessionWhen a lender takes back collateral, such as a car, after you default on a secured loan tied to that property.
Turn this into a brick
Knowing what Title Loan means is knowledge — the first half. A brick gets placed when you act on it.
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Plain-English education — not personalized legal, tax, or investment advice.