I recently saw an offer for a loan from citibank, where I have a credit card. The interest rate would be 16%, and I would use it to pay off some credit cards with high interest rates (29%). The only thing is that if I get an amount over so much (up to 10,000) I'd have to give them the title of my car as collateral. My car is paid for. I'd like to know what other people think. I'm thinking of maybe just getting an amount under what I'd have to give them the title for. I'd appreciate any advice.
May 18th, 2007 at 10:41 am