Timeline for Why is it so hard to get a quality loan as an individual?
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
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| May 16, 2019 at 21:04 | comment | added | bta | @MoneyAnn I don't think you can do that with a car to get the cash. If it's collateral on a loan, the bank will have a lien on the title and you wouldn't be able to sell it until you repaid the debt. If you could sell it, collateral would be meaningless. | |
| Sep 6, 2018 at 20:53 | comment | added | Money Ann | Also, the 6% is more relevant to what I was asking - but I'd wonder if this is a sizable loan or very small amount meant for personal expenses. | |
| Sep 6, 2018 at 20:52 | comment | added | Money Ann | I don't expect a loan with no collateral. I do own assets, like my own car. I just don't want to have to buy a new car, just to get a loan, and then have to sell the car so I can use its value for an investment. Besides, the bank could ruin a delinquent private borrower's life in all sorts of ways. | |
| Sep 1, 2018 at 12:28 | history | answered | mhoran_psprep | CC BY-SA 4.0 |