I was wondering if i get a secured loan for a thousand dollars and put up a thousand dollars as Collateral. don’t ask why i want to build my credit. my question is if i pay it off in less than a month before there is any interest does it count as you paid the loan off and go good for your credit. This is all new to me i thought how it worked was you need to put up something equal or greater. so 1000 dollars is equal or greater than the 1000 so can i pay it off under a month to avoid interest cost.

Quick House Sale

I want to get a small secured loan and pay it back quickly to improve my credit score quickly… I have no assets to use as collateral but I can give them the money in the exact amount of the loan to have for collateral until I pay it off.

Would they do this?

Repossession

Mortgage with one company. In one name, only one name on the deed. Is the secured 2nd mortgage loan correct. This is in joint names

Passive Income

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 suicide?

Quick House Sale

I’m skeptical about this because I don’t really see the “loan” when I’m giving $500 to the bank, then they hold it, give me $500 and I repay the amount over 12 months for about $43/month. If it helps me rebuild my credit, then I’m all for it! But does it really?

Repossession

Just a list of secured loan providers would be nice!

Quick Property Sale

My fiance recently applied for a secured loan using her paid off vehicle as collateral and I cosigned on the loan. She was denied. I have decent credit(no negatives and a car loan that I’ve paid on time for the past 20 months). Should we transfer the title into my name so I can apply for the loan myself.

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