moneyless asked:


I have a secured loan totalling $16,000 through a finance company. The interest rate is at 18%. That is after I asked that it be lowered. I've been paying this for years and it never ends. I've been through a debt payment program but this bill could not be included because it was secured. What steps can I take to get rid of this bill short of *******?

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Dana S asked:


bank gave 2 secured loans in 2005 to company A. One was 1 million used to buy equipment for the plant. the second one was line of credit partially used to buy a truck and then a later draw to buy raw material. Company A failed to file taxes end of 2005. In 2007 the irs filed a tax lien. Does the tax lien take priority over the security interest on 1st loan. Does it take priority over the truck; how about the draw used for raw material?

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niquelynne asked:


We are getting another car and are getting a secured loan for $5000. I'm still not sure what the point of a secured loan is. Thanks.
I don't understand why we don't just take the $5000 cash that we have and just buy the car. If you have a secured loan, do you have to get full covereage on your vehicle?

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mike asked:


I need a secured loan, but i have bad credit. The collateral i will be using will be worth about 1800 more than i need for the loan. all i need is for it to be financed for 12 months, that is it. is it possible?

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ROBERT E asked:


Can you obtain a secured loan having only owned my new propert for 6 weeks.

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The Tycoon asked:


I'm looking to start up a business, and borrowing money from my dad. He has the liquid, would a secured loan be good or a business loan?
10k loan, he has the funds I just need it for 6 months or less. It will be paid in full then.

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nicole2naomi asked:


My husband and I have a morgage and secured loan and getting divorce, I have moved out of the property and renting now. The problem is I want to removed my name on the property deed. My husband says that I still have to pay for the secured lone while I am not on the morgagae and dont live in the house. And if he goes bankrupt would I be affected.

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lost_Zimbo asked:


I'm thinking of getting a loan but then the question comes up as to whether I want a secured or unsecured loan? WHats the difference and which ine is more advisable to take?

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AJ asked:


Does anyone know how long it takes from the application to receipt of money for a secured loan?

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ma01 asked:


I need to take oout £30k for debt consolidation. Is a secured loan (i can't get an unsecured loan) over 5 years or remortgage. I suppose if i remortgage it will be over 20 years? Any advice?

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