I have the clear title to my car ,kelly blue book value $ 9,000 and I want a loan for $3,000. i currently do not have a job. will the banks loan $$$$ w/o employment?
2007-03-02 09:16:09 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
Even if a bank wont, someone will.
If you have something of value, they dont care if you have a job or not.
They really dont even care if you can the loan back as long as you promise to do so....
if you dont, they take the car!
If you are going to borrow this money, it might be a good idea to borrow slightly more than you need in case you cannot pay the 3k back, if you borrow 4k you can use that extra 1k to make payments if something goes wrong,
good luck
2007-03-02 09:27:57 · answer #1 · answered by Anonymous · 0⤊ 0⤋
1
2016-09-27 20:05:25 · answer #2 · answered by Harrison 3 · 0⤊ 0⤋
probably not........they're going to wonder where you're going to get the $ for the loan payments.........plus, if you want to sell your car, you have to have the loan paid off.....or they add it to your new car cost.....................If they do give you a loan, the interest rate might be higher since you're not employed........I'd give it a try anyways, but be careful.....interest can end up costing as much as the loan........
2007-03-02 09:30:31 · answer #3 · answered by nemofish 4 · 0⤊ 0⤋