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I was able to get an unsecured loan with a low interest rate for a classic car within a few hours after I applied.

• x86_64Ubuntu 6y ago
  Wouldn't the parameters for a car loan be wildly different than for a home loan or for a personal line of credit that's unsecured?
  • tjr225 6y ago
    I don’t know, just throwing in my anecdote that it was really easy for me to get unsecured credit last week.
    • intopieces 6y ago
      A classic car is secured by the car, right?
      • tjr225 6y ago
        No, with an unsecured loan I hold the title- not a lien holder(lender). I would probably be taken to court if I defaulted. I think I am fortunate that my credit is good enough to get the loan, however.