Find out what the exact payment terms are for your specific loan agreement and loan amount. Are you paying the loan off in full in 12 months, 30 days..etc? Does the company you’re working with have a prepayment penalty if you decide to pay off the loan amount in full? Do they allow you to drive your car for the life of the loan, assuming you stay current on monthly payments? All those details matter and it’s important to know every specific detail when you take out a car title loan