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Sagot :
Jessie wants to use her car as collateral for a short-term loan. This type of loan is called a title loan.
What is title loan?
Title loan is the loan in which assets are required for the collateral, this loan is very popular because it takes very short span of time to get approvals from the financial institute and credit rating is not considered at the time of giving loan.
Thus, option A is correct.
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