Equity Home Loans - Secured Personal Loans Knowledge Base

Secured Personal Loans Knowledge Base

Does anyone know a good bank that offers secured personal loans with bad credit?

does anyone know which banks offer small personal/secured loans in nyc? 2 ppl have answered all of them but obviously they dont live in nyc. would anyone know which banks in nyc offer secured loans?

can i get a personal loan secured by a judgement lien? i won a 35,000 dollar personal injury lawsuit which has not been paid yet. my attorney filed for a judgement lien on the property. there has been a lien on it for awhile and i'm starting up my own business and need some working capital'but my credit is poor. can i use the judgement lien as collateral on a secured loan. thank you for your time.

Where can we get a personal secured loan with bad credit? I had to quit my job to stay home and care for my son who has CP. He had 2 big surgeries in two weeks time. One to correct complications from the first. So we have now lost one income and have new large medical bills rolling in. We are getting really far behind and our credit is now down the tubes. Does anyone no where we can get a secured personal ie meaning we have some collateral?

Does anyone know if Chase offers personal loans? I would to know if Chase offers secured personal loans. I currently have a CD account with chase and would like ot use that as collateral for the loan.

looking to do a secured personal loan that reports to the credit bureaus? does anyone know of any banks that do secured personals that report to all credit bureaus regardless of credit?

personal loans secured on a house? i have taken out a personal loan,which was secured on my home,but since then,i've sold my flat and moved back in with my parents,but i have not informed the loan company,does this affect me in any way? and what happens when i inform the loan company??

whats the difference between an unsecured, and secured personal loan? Also, say for example I borrow $20,000 over 3 years at an interest rate of 12.5 % but pay the loan off in two years, will I be charged the 3 years interest or 2 years? Thanks in advance to anyone who answers!

questions about personal loans (secured or non-secured)? with the credit i have which is the "poor or fair" standing with 601. It's more than likely i'll have to do a secured loan, but i have no savings, cds, or accounts or collateral. in such case am i screwed? do i have any other options? i need a loan anywhere from 1 grand to no more than 3 grand. most places make the minimum 3 grand or even 7 grand. i want to use it to pay off high interest credit cards, 3 credit cards with limits of 300 each. the remaining could pay off my 2 grand student loan. i just want them paid off to make my life easier. what can i do? i know i wont qualify for a non secured loan due to my credit problems in the past. help??

Where can I get a secured personal loan with bad credit??? I am trying to get a 10,000 personal loan. I recently bought a brand new truck that I can use as collateral, any ideas??

Where can I get a personal loan secured by a car title other then a bank? I have the title to my car that is worth about $27000, and I need to get a long term loan (5 or 6 years) for $12000. Other then a bank or a credit union how can I get the loan?

Anyone know where to look for a secured personal loan? I need a small loan about $2000. I have poor credit, but I own my car free & clear and could use it as collateral. It's worth a lot more than $2000. Please no payday loan info or companies....thanks in advance

Will i be approved for a personal secure loan? my current credit score is 662(equifax) and i have 6 accounts with 1 account close to credit limit(1500 limit- 1150 revolving credit)the other 4 accounts are credit card accounts and the last is a auto loan. i have never been late on any payments since opened. i do not have a long credit history, about 4 years old. the last month i paid a lot towards all cards to bring down limit. my question is do i have a shot at taking out a secured personal loan for 50,000 with using my fathers auto as collatoral. his car is financed and is currently still making payments on it. the car is currently worth about 15,000. if you think i have a chance can you please list if you know of any reliable lenders who will approve me.

Recently went bankrupt, secured loan (personal property)? My husband and I recently went bankrupt. We have a secured loan (a lien against our household property). Anybody that has been in this situation or had friends in this situation, please let us know, did you lose your personal property? If not, how did you avoid it? What options are out there? The loan is over half paid off, but due to loosing a full time job, we simply can't afford the payments. (The bankruptcy trustee doesn't think they will take our belongings). Please no negative comments as this was the hardest decision we have had to make.

If using savings bonds as collateral for a secured loan who keeps possession? I'm looking into getting a secured personal loan for improvements to a new home and would like to use my savings bonds as collateral. When I do this can I continue to keep the bonds in my safe deposit box or do I have to physically turn them over to the bank?

what are normal requirements for a secured personal loan thru a bank?

Question about Personal Loans..(Wachovia/BOA)? I want to get a personal loan but unsecured. I dont own anything so I guess I wouldnt qualify for a secure loan. Wachovia offers secure personal loans but Bank of America offers unsecure. My problem is that i am member on Wachovia. Can I walk into Bank of America without being a member and apply for a unsecure loan?

how do secured vs unsecured loans affect your credit? My wife and I are looking to buy a house in the next year and to prepare for that, we want to downgrade our car. With what we want to put down on the new car and wanting to finance only 3k-5k of the car, our bank doesn't do auto loans for that little, but they will give us a personal loan. How does a personal(unsecured) loan affect your credit vs a secured (auto loan)?

Secured Personal Loan (CAR)? I currently have a secured personal loan on my car .. still payout figure is at $22,000.. i no longer do not want this car and want a better car... so i figured i should trade in the car for the new car, the car dealer has told me he will take the car for $17,000 and pay it out for me.. which means i will have $5000 balance owing to the bank. the new car i want is worth $30,000 . and i do not have the extra $5000 to payout the balance, what are the best options for me to do, i was suggesting the car dealer pays the full payout ($22000) and i will do a refinance on $35000 is it doable?

Can I USE my house to get Secured Personal Loan ? Can get a secured Bank Loan easily ? Compared to heloc ? I have just started new job, but it is website project and dont get paid UNTIL late feb My credit is under dispute and is bad right now. I have a mortgage on my house but have NOT been able to get a HELOC from anyone. they all want to refi first mortgage but wont give 2nd loan/heloc I ONLY need 9,000 dollars. (had accident last year, lost my grandmother, aunt and had surgery and emergency car/house repairs - so thats my hard luck story) Just a short term loan for immediate bills. Im soooo desperate right now that loan sharks seriously sound good. i dont give a crap about interest rate. ANyway how easy would it be to get a secured loan using my house with a bank ? My first loan is 336,000 but I have at least 160,000 in pure equity. Do not give me ANY links to sites. Just need advice on approaching banks (im in pennsylvania) help!

Question about personal loans from BOA..please suggest...? My boyfriend and I want to take out a $3,000 loan for a down payment and first months rent on a rental home. I have a few questions: 1. Do you have to belong to the bank you get the loan from? 2. If one of use has better credit than the other, is it better to do two separte loans or do one loan together. 3. How long does a loan take to come through? 4. Are there penalities if you pay the loan off faster than scheduled? 5. What about Bank of America: are they good? Wachovia? 6. What is the difference between a secured personal loan and unsecured personal loan?

Trying to find the best place to apply for a secured personal loan with a car title. Anyone help??

is there any legitimate companies that would secure a personal loan with a life insurance policy? I am wanting to take out a personal loan and want to secure it with my life insurance policy. I am in perfect health but have nothing else to use as collateral.

secured personal loan w/ bad credit? i know its virtually impossible to get a real loan with bad credit alone. are you able to secure a loan with your car as collateral even though you have a few more payments left on it? if so, what are your options? *sigh* soooooooo not interested in hearing about payday loans..

Can they change my personal loan to a secured loan? I got a loan with welcome finance back in 2005 nad pretty much cleared most of it, I then lost my job and was unable to make payments. They didnt bother chasing me for a year (I heard nothing) and then all of a sudden June 2007 they contact me asking me to clear my balance, the balance had increased by £3000 because they didnt contact me for a year. Anyway I started making repayments in June and have just cancelled my direct debit with them because I refuse to pay them anymore as I have paid them plenty. I have just had a massive argument with the bloke and he says that he can secure the loan onto my house. I told him he couldn't because I got a personal loan not a secured loan but he swears blind he can. The loan is with Welcome Finance and I didnt own a house when I first got it out but I know do. Help!!!!

Which financial institution offers a low APR on personal loans. I have excellent credit.? I am wondering because I would like a personal loan to fix my house. Wells Fargo offers a secure loan for 7.89% and Bank of America is like 9.89%. But I have heard of people getting a personal loan for 4-6%. And I am wondering how do they get this deal. The loan I would like is of $12, 200.

does anyone know how to get out of a secure personal loan. they have my car as a lien? Help!!!!? I was trying to consolidate my debt and the personal loan that i took out is a secure loan. I do not have problems paying my loan on time, but i need to find a lender who will make me a loan for the amount i owe now so i can get my car title back. I don't have the best credit so i'm having a difficult time. Any help out there!!!!!!

can i get a secure personal loan with my car as security? even though i am still making payments on my car?

How can I secure a personal loan or Help to finish last few years of my medical study? Or a repayable private. Any loan or humanitarian financial assistance to effect a medical program,after some years of interuption due to illhealth. Where do i turn to for help? After medical studies and years of internship,suddenly interupted practice due to health problems. Like to retake clinical classes and get back to practice. Can anybody help make my dream come true,does God whisper to some to fill a need.Thanking you so much for reading. Question Extension.

has anyone ever heard of or dealt with a personal loan company called ameritrust lending out of CT? The company is not associated with Ameritrust Mortgage. It's suppose to be a secured/unsecured personal loan lender/broker. Thank you. The company is not associated with Ameritrust Mortgage, it merely has a similar name.

Which one is better for building your credit score? A personal loan or a secured credit card?

I have a good credit background,i want to consolidate my loans,please advise secure loan lenders in india? I have taken 3 personal loan and my EMI is more, i want to consolidate these amd make it to one.I am not getting any help from banks even though i have a very good credit.I need to slove this as all the EMI's take up almost complete income.Please advise some secure lender whom i can approach for personal loan in india and also whom i can trust.

I have horrible credit, but need a personal loan to get me back on track. Noone will finance me, any ideas? I already picked up a second and third job, but getting a personal loan will help me consolidate these debts and make it easier to pay off. I have a motorcycle to put up for a secured loan but not sure of where to go even for that. My credit score is 510 and I need about a 5-7 k loan. Any help in where to go?????

Need advice on a secured loan? My parents are currently looking to take out a secured personal loan, with their house being built right now, they are unable to use the equity as collateral. The financier said they could take the funds out of their retirement fund (401k, 403b, pension,etc) and put it in a CD for the loan. Because they don't want to pay the large taxation from withdrawing that much, and only receive 1% interest instead of the guaranteed 7% they are now receiving, my question is, is it possible for a bank to put a lien on the retirement fund without having to have the funds put into a CD?

Should I get a personal loan to consolidate debts using car as collateral? Just paid off car this year. have credit card debt, is loan better than trying to pay off credit cards? Bank said have to have secured loan. No equity in house, good credit score. What would you do?

What happens when you default on a secured loan.....? I know that they will repossess whatever you used as collateral, but what happens if you no longer have the stuff? I have a few of those personal loans that you have to give serial numbers of merchandise as collateral and I no longer have some of the items. If I was to default on all of the loans (which all have the same items listed) what will happen? Would there be criminal charges?

would anyone have information on personal unsecured loans,or has anybody bee to one and actually got a loan? has anyone ever dealt with a bad credit money lender,and succeded in securing a loan, need advice , preferably from someone who has experienced going through the deal and actually got a loan. need direction on who to go to from those who did.

How do I get a small personal loan that I can secure with raw property? I own the property completely, there is nothing owed. It is two lots which total 2.9 acres. The taxable value is about $70,000. It has no water or power, it's completely raw. I want a loan for $10,000 for debt consolidation and to pay off some small personal loans. I have a poor credit history, but am employed and make decent money.

Hi.Anyone know any reliable and reputable company to get fast personal loan S$5k? Im ok with interest rate similar to bank. Im unable to secure a bank personal loan as my annual is S$25k only. And i need it asap.

looking for personal loan from lenders in the united states poor credit history any advice where to look? have secured loans to pay off need help with a short term loan can repayment in 6 months.

Does Bank of America offer secure personal loans? Looking to rebuild my credit. so will bofa let me open a $3,000 CD as collateral for a secure personal loan Also will they report this secure loan to the 3 credit reporting equifax,etc Also I already have a Bank of America secure credit card. Had it since Nov 07 paid the balance in full each month. Now i need a installment loan on my report because am looking to get a Home & Car loan in 12 months. So want to boost my score in that time frame.

Where can I get a personal loan on the net, that is confidential about my privacy? I need to borrow about $500.00, but I am unsure about gi ving my personal information out. Is there any places that are safe and secure about personal information?

Is this the fastest and best way possible to establish credit? (I have 1 year of making my auto loan payments on time.) 1) I plan to take out a $500 secured personal loan from my bank for 6 months. 2) Then go to a different bank with the $500 and take out another secured personal loan from that bank for 6 months. 3) Repeat this once more at a third bank. 4) Establish a $300 security deposit account at my original bank to qualify for a secured credit card. 5) Repeat the process of getting a secured credit card at the next bank. 6) Repeat this once more at the third bank. 7) Obtain 2 more credit cards. 8) Pay back $500 secured personal loans from my banks in 6 months making all payments on time. 9) Use all 5 credit cards but never charge more than a maximum balance of 9% of the total credit card limit. 10) Pay off the statements as soon as they come and make all payments on time. According to this FICO score estimator my resulting FICO score would be 740-790 in 1 year. http://www.bankrate.com/brm/fico/calc.asp

is personal loans 4 all a safe website? they want $636 to secure a $5000 loan refundable in 6 months if you pay on time. is it safe to do

Where is a safe place to go online to find an unsecured personal loan for? debt consolidation and/or to pay off all debts? I am limited with SSDI and a very part-time job. I am $6000 in the hole and the hole keeps getting deeper. I want and can pay for one monthly payment to one loan office and have the loan to pay off all my debts and to start fresh. I don't have anyone to co-sign with me. Does anyone have any suggestions of who I can contact for financial help??!! and it being safe and secure. Payday loans charge over 100% interest. THanks!

Personal Loan? I have 24000 in credit card debt that I would love to get a personal loan installment for. I have credit scores of 720-730 and I am 26. I tried to get an unsecured personal loan and cannot get more than about 10000-12000 dollars. The question is I have a 2005 Acura rsx type 2 car that has a trade in value of 15500 and is fully paid off. Would I be able to get a Secured personal loan for 25000 even though my car only covers about 60% of that? I dont know if you can do partial securities and still get an amount more than what the assets are worth. Do you think this is possible?

is using my car to secure a personal loan a smart choice? i have a past due tuition which i need to get rid off so creditors can stop calling me

Does anyone know anything about Nationwide Financial Services Inc? Has anyone tried to get a secured personal loan from Nationwide Financial Services Inc. I was told I was approved for a secure loan all I had to do was send the x amount of dollars and the next day I would have my loan, well I don't have my loan nobody will return my calls,e-mails or faxes. This company is insured by J D and Associates Law Firm so I figured they were ok. Does anyone know how I can fix this?

Personal loan? I have 24000 in credit card debt that I would love to get a personal loan installment for. I have credit scores of 720-730 and I am 26. I tried to get an unsecured personal loan and cannot get more than about 10000-12000 dollars. The question is I have a 2005 Acura rsx type 2 car that has a trade in value of 14500. Would I be able to get a Secured personal loan for 25000 even though my car only covers about 60% of that? I dont know if you can do partial securities and still get an amount more than what the assets are worth. Do you think this is possible?

Where can I get an International personal loan? I need a personal loan of $2000 to pay airfare for me and kids to Australia. My husband has got a secure job there and will pay loan back. Is there someone that can help with loan or donation?

Personal Loan? I have 24000 in credit card debt that I would love to get a personal loan installment for. I have credit scores of 720-730 and I am 26. I tried to get an unsecured personal loan and cannot get more than about 10000-12000 dollars. The question is I have a 2005 Acura rsx type 2 car that has a trade in value of 14500. Would I be able to get a Secured personal loan for 25000 even though my car only covers about 60% of that? I dont know if you can do partial securities and still get an amount more than what the assets are worth. Do you think this is possible?

Car Loan or Personal Loan? HI My husband and I are car shopping in the near future for a good new car. Looking to spend around 30 - 35,000. We have a trade in probably worth 5,000 (good old Nubira LOL). Anyway are we better off getting a car loan (secured or unsecured) or a personal loan as the interest is supposed to be cheaper. Any advice would be good

personal loan with decent credit? i want to get a personal loan for about $6500-$7000 i have a credit score off 711 and i have had a credit history of over 2 years without any late payments and i never went over my limits no bankrupts - no assets i have a few credit cards that i put a couple dollars on a month just to show i use them but i have one that i am using about 70% on that has no interest i had a secured loan that i never missed a payment on and is now paid off my biggest worry is i usually only make about $1200 a month should i be worried about gettin a loan? i want the loan my question is should i be worried about gettin denied?

5K Personal Loan Advice - Secure a Loan with Cash? My situation: I need a 5K loan as soon as I can get it. I recently moved to the US (job transfer-accountant), have only had credit for 5 months (so my history is not established yet). I am already using the credit card with my Bank (bank of america). I need an additional loan for 5K. My bank won't give it to me because of my lack of credit history. I don't have any assets (company rents my car and home for me). However, I do have 2K i cash on hand. Does anyone know where I can get a 5K loan if I use the 2K as security? Is it even possible? Know any other alternatives? I'm in GA.

how does a non profit societ in Alberta Canada make a minute to use a gic to secure a personal loan of a membe

Need al egitimate personal loan lender in the U.S. Does anyone know of one for low fico score? Non secured.? Thanks to any and to all that can help me.

I need a personal Loan? I have a personal loan of $12,200 which i'm paying around $490 a amonth (this is a secure loan which they are using my car as collertal). The reason why i'm paying that much is because of my bad FICO credit score (612). Is there anyone out there that can give me advice on how to get another loan with lower rates with someone with bad credit. I cant seem to get out of this hole.

why is it that a secure loan is at a higher percentage rate than a personal loan?

Have you heard of R.V. Loans in Kingston Jamaica West Indies personal unsecured loans? Unsecured loans but to secure you need to buy an isurance policy to cover payment if anything happens. Insurance name West Indies Insurance Corp.

Bankrupt with a secured loan? We have a secured loan (with our personal property) and would like to know what the outcome was from anybody who has been down this dreary road. If your a bankruptcy trustee, or something similar, what has your experience been? Do lending institions namely Wells Fargo Financial generally come and get the household affects that were put down as security? Please we need some advice, or to know what others experiences have been. Thank you. The lender used used furniture as security. We did not buy the furniture with any of the funds loaned to us.

Question about a secured loan? I have a 2003 Fifth-Wheel R.V. that is paid for. It's value is about $38,000.00. I would like to use it as collateral for a $13,000.00 personal loan. The R.V. is titled to both myself and my wife. My wife is out of town for the next several weeks but she did sign the title before she left. Will it be a problem for me to process this loan at the bank or will she have to be present? (The loan is in my name only!)

Amcapital loans ALERT!!!!!? COMMONWEALTH OF MASSACHUSETTS OFFICE OF CONSUMER AFFAIRS AND BUSINESS REGULATION 10 Park Plaza - Suite 5170, Boston MA 02116 (617) 973-8700 FAX (617) 973-8799 TTY/TDD (617) 973-8790 www.mass.gov/consumer DEVAL L. PATRICK GOVERNOR TIMOTHY P. MURRAY LIEUTENANT GOVERNOR DANIEL C. CRANE DIRECTOR FOR IMMEDIATE RELEASE: April 19, 2007 CONTACT: Kimberly Haberlin (617) 973-8767 (617) 947-8942 Consumer Affairs Issues Consumer Alert on Advance-Fee Loan Scam And Pay Day Loans BOSTON - The Office of Consumer Affairs and the Division of Banks today issued a consumer alert warning consumers about a potential advance-fee loan scam and an illegal pay day loan operation recently advertised in the Boston Metro. ADVANCE-FEE LOAN SCAM Advance-fee loan scams generally involve the promise of easy credit regardless of credit history. Upon completion of a loan application, the entity requires a consumer to wire a percentage of the loan amount, various fees, or payment of insurance in order to secure the loan. Upon collection of the fee, the loan is never delivered. Amcorp Capital is operating a website at www.amcorpcapital.com. The only contact information provided on the web site is a toll free telephone number and an email address. The web site also lists a business address of One Boston Place, Boston, Massachusetts. Amcorp Capital claims to offer mortgage loans, education loans, personal loans, and automobile loans. This entity is not licensed by the Division of Banks and calls to the company have not been returned. An investigation by the Division of Banks has determined that no such business is located at the One Boston Place address. Moreover, the Amcorp Capital’s web site was apparently created on April 11, 2007. Similar to other advance-fee loan scams, the website promotes the availability of easy credit regardless of credit history. Based upon discussions with consumers, Amcorp apparently requires, upon completion of a loan application, that a percentage of the loan be paid up front directly via wire transfer. The Office of Consumer Affairs and Division of Banks strongly urges consumers not to do business with this entity. “This has all the earmarks of an advance-fee loan scam,” noted Director of Consumer Affairs Daniel C. Crane. “Consumers should know that no legitimate lender would require an upfront payment to secure a loan. Consumers should also be extremely cautious when dealing with companies that you do not know. All efforts should be made to safeguard your personal information such as bank account, credit card, or social security numbers. For more information on advance loan scams please see information from the Federal Trade Commission available at http://www.ftc.gov/bcp/conline/pubs/tmarkg/loans.shtm. ILLEGAL PAY DAY LENDER Director Crane also announced that Commissioner of Banks Steven L. Antonakes had sent a letter to the Boston Metro requesting that the publication cease accepting print advertisements from pay day lenders. Commissioner Antonakes sent a similar letter to the Boston Metro in February 2005 and the newspaper, until recently, had not run advertisements for pay day lenders. “Pay day loans carry exorbitant interest rates and can quickly lead consumers into escalating debt,” said Director Crane. “There is also a high risk of identity theft as this company’s advertisement provides virtually no identifying information.” Commissioner Antonakes added, “There are no payday lenders licensed or based in Massachusetts. Under the state’s small loan law, annual interest rates on these loans are capped at 23% and fees are limited to $20. Pay day lenders typically charge annual percentage rates averaging 300 percent and fees averaging $30.” Pay day loans are short term, small sum, high rate, unsecured personal loans that use consumer checking accounts (either post-dated checks or electronic access) to secure repayment of the amount borrowed. Repayment of the full amount and lender fees are typically due within 14 days or with the borrower's next paycheck. Partial payments are rarely allowed so if a borrower can't repay the full amount within the required timeframe, the loan is usually rolled over for additional periods of time and additional fees. If you believe you have been a victim of this advance-fee loan scam or pay day loan operation, call the Division of Banks’ Consumer Assistance Unit at 1-800-495-BANK (2265). DON'T FALL FOR THIS COMPANY!!!