Collateral Loan

Discussion in 'Credit Talk' started by broncsboi, Dec 3, 2003.

  1. broncsboi

    broncsboi Well-Known Member

    Do banks (BofA) do collateral loans anymore? Say I want to put my car's title up for collateral for a $1500 loan?

    Anyone done that lately? Is it all about the score? What about a collateral loan with a 2+ year BK on file?
     
  2. tonyd

    tonyd Well-Known Member

    I have heard of personal loans, (r they the same?) and I don't know if your score has to be that strong if you have equal collateral. I would call the bank(s) and find out.
     

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