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is there banks that give aoto collateral loans to people with bad credit ?
Wiki User
∙ 14y ago
Sometimes if you have a good income try at car lots that finance
Wiki User
∙ 14y ago
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Are there any banks or lenders in California that process collateral assignment loans?
Are there any banks or lenders in California that use life insurance as collateral?
Why are student loans usually guaranteed by the government?
Banks don't have any collateral for student loans.
What bank offers personal loans to people with bad credit?
Numerous banks offer loans to people with subprime credit. Trying also to check with your local credit union.
Where can one find secured loans for bad credit?
One can find secured loans for bad credit from banks or other lending institutions, as car loans or real estate loans. The borrower needs to present a collateral, such as a car, property, savings accounts, or stocks, as a guarantee for prompt payment.
Is auto collateral loans an option for people with not so great credit?
You can get a personal loan by putting your car up for collateral with a bank. You can do this with less than great credit, but you shouldn't do this unless you can pay it off.
Which banks in New York City are best for people with adverse credit histories to obtain loans or accounts at?
Banks in New York City are almost always adverse to give loans to people with bad credit. It will be possible to open an account, but loans will be almost unfindable.
Why do many banks consider student loans risky investments?
Student loans are risky for banks to give out because most students do not have credit and thus cannot be trusted definitively to pay back loans. Additionally, students generally do not have personal property the bank can claim when loans aren't paid back.
How does one go about finding a secured loan?
Before searching for a secured loan, you need to determine what your collateral will be. The first places to check for secured loans are local banks and credit unions.
How get unsecured personal loan?
Unsecured loans are on the basis of good credit score since there is no collateral involved. The lender determines your credit worthiness on the basis of your credit score. Since he has no collateral he has to depend on the credit score to decide whether you are a lender's risk or not. If you have good credit score then you can easily get unsecured personal loan from Banks and NBFCs Such as SBI, PNB, Bajaj Finserv etc.
What do many banks consider student loans risky investments?
They can't provide Collateral - Apex : )
Where can I find auto collateral loans?
There are many different types of places that offer loans. Since you just bought the car you may not be able to use it for collateral if you are currently making payments on it. Local banks ususally offer collateral based loans so contact the bank where you do business.
What exactly are accounts receivable loans?
Basically, a business will use it's receivables as collateral on a line of credit. Many times banks will give better rates on this type of loan because it is secured.
