Is there a loan that will accept a truck title as collateral? Can the loan be paid off in monthly pa

I have bad credit but make very good money. I would like to use a truck as collateral, like a secured loan. Is there a place that will do that for me?

Is there a loan that will accept a truck title as collateral? Can the loan be paid off in monthly payments?

Finance companies normally loan to poor credit clients that have adequate collateral. Rates are higher than normal but you can always refinance when your credit has improved. Good Luck

Is there a loan that will accept a truck title as collateral? Can the loan be paid off in monthly payments?

credit union maybe. You might sign over the title to them and then make auto payments.

Is there a loan that will accept a truck title as collateral? Can the loan be paid off in monthly payments?

Generaly speaking finance companies do not want to loan money using an already owned vehicle as the asset backing the loan. This is especially true if you have bad credit.

I had my own experience buying a car after the lease was up and trying to get a car loan for 80% of the value and I had perfect credit and dealing with my own bank. Finally http://www.carloans.com/ came through. I don%26#039;t know if they still do this.

Dah dude