3 ms·
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?
by 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 agoI don’t know, just throwing in my anecdote that it was really easy for me to get unsecured credit last week.
- intopieces 6y agoA classic car is secured by the car, right?
- tjr225 6y agoNo, 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.