What bank would give me a loan in my situation?


Share |

I'm in Australia,

I've been working for Linfox for 7 months under a contracing company.
I am now fulltime with linfox.

I have $18,000 owing on my 07 Holden Astra

I may have a default.

Is there any bank that might give me a $30,000 to pay off my car etc if i put my car down as collaterol?


Answer (1):

 
jleeds2

you are asking for a $30,000 loan against your car to pay of your car? No, you are probably not going to find a bank willing to do that. Your best bet would be try to talk to the company you owe money to and see if they are willing to lower your monthly payments.

 

Relevant answer in Holden, ME