Online lost title applications are available for several states including Maine, Wisconsin, Virginia, Michigan, New York, Indiana, Maryland, South Carolina and Massachusetts, as well as Washington, D.C..
Also, in the 1978 film Grease, the characters mention racing for "pink slips, ownership papers".
Prior to computerisation, the title document was called the 'log book', and this term is sometimes still used to describe the V5C.
In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan.
The borrower also risks losing the car to the lender if the loan is not paid back.