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If this were a year ago you would have been approved without a problem. Collateral doesn't come into affect with car loans. The vehicle is the collateral. It is a
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Join Date: May 2009
Location: Baltimore, MD
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Drives: 09 yellow 370z
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If this were a year ago you would have been approved without a problem. Collateral doesn't come into affect with car loans. The vehicle is the collateral. It is a secured loan. Shop it around at different banks. You may even get a better rate. 5.9% for 24 months is far from a great rate.
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