Recent Graduate needing help....
Here's pretty much my situation,
I recently graduated from OU, and I'm trying to find a job. I don't necessarily know when I'll find one (as most people today). I made the stupid mistake most college kids do and maxed out a 3,000 credit card. My only advantage is that I have a 2007 Toyota Camry, valued at $16,600
I'm moving in a month to Oklahoma City. I have a good GPA, and I'm confident I'll be able to find a job, I've mostly been living off of waiter tips until this point.
I'd like to be able to have some sort of security just in case it takes me a few months to find a job, I'm trying to get somewhere between 900-1,500 and want to use my car as collateral. However, I'm trying to avoid those car title pay day loans for obvious reason.
My problem is, I don't think I can get a co-signer, I have horrible credit, and I'm unemployed right now, can't get a job because I'm moving in a month, can't get a personal loan without a job etc. I know I'll get a job, it make just take me a bit and the stress of not having ANY money is taking up a lot of time......
I guess I'm looking for a secure line of credit with my car title as my loan, I just don't know what to do. It just seems logical that someone would take this loan just for the high value of the collateral to the loan.
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