Hello!
I'm seeking a title loan secured by my 2003 Dodge Ram 2500 Diesel 4x4 truck in good condition. I own it free and clear right now.
This vehicle is valued at between $20,000 and $30,000 depending on who is buying at either wholesale or retail.
I'm seeking a title loan secured by this vehicle in the $10,000 to $15,000 range which is approx a 50% Loan to Value.
Willing to pay 10% interest.
Can pay back the loan in 1-2 years.
As you know, the banks and credit unions do not do title loans if the vehicle is over 7-10 years old so I'm seeking a private loan.
Cam you help me?
What are your thoughts and terms?