Use your car’s value to access cash with a vehicle equity loan
Video Transcript
[Music]
What’s a vehicle equity loan?
It’s a type of secured loan
That uses the value of your vehicle as collateral.
If you’re struggling to get approved for an unsecured loan,
A vehicle equity loan may be the answer.
It’s typically easier to get approved for a secured loan,
And you may get better rates and terms too.
You could lose your car if you don’t repay the loan,
So make those monthly payments a priority.
Still have questions?
Find the answers at bestegg.com/resources
[Music]
Related Resources
Secured vs. Unsecured Personal Loans | Best Egg
What is Equity in a Car? | Best Egg
What is Vehicle Equity? Video | Best Egg
This article is for educational purposes only and is not intended to provide financial, tax or legal advice. You should consult a professional for specific advice. Best Egg is not responsible for the information contained in third-party sites cited or hyperlinked in this article. Best Egg is not responsible for, and does not provide or endorse third party products, services or other third-party content.
