3 ms·
A classic car is secured by the car, right?
by intopieces 6y ago
A 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.