I bought a car with cash a month ago and now I want I loan. Where can I go to get the loan?
I paid cash for the car because I thought I would make the process easier. Thinking I would get the loan at a later time. Now I need the cash for another investment and the two companies I called said they do not give loans unless you do not own the car!
You can't get a loan on the car you already own. What you are trying to do is borrow money against the value of the car (as collateral) and you can't do that.
Now you have to get a personal loan to pay for your other "investments" but it'll be at a much greater interest than a car loan.
Bad move on your part. Pay your "stupid tax" (money lost for bad decisions) and learn from your mistakes.
