Can I get an auto loan to finance an investment portfolio?

Question by : Can I get an auto loan to finance an investment portfolio?
Suppose I get a $ 10k auto loan. Can I deposit the blank check given to me from the bank into my checking account and invest the proceeds? (I know the annual return on the investment must exceed the loan interest rate to make any profit.)

Best answer:

Answer by MVD34
No. Not a secure loan like an auto loan. They will require the deed or title to complete the loan process.

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This entry was posted on Friday, April 6th, 2012 at 6:25 am and is filed under loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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