Have anyone out in that ever used collateral to exterminate debt! is this a obedient move? what go on the credit ?

repo, doomed to failure debt, have need of some answers.

Answers:
I guess I'm not really construal your ask. Are you wanting collateral for a loan to wage bad debt? If that's the bag, consequently, YES, I've done this.
The payments or defaulting of the loan would be in motion on the credit report. Other than that, I haven't any view how to answer you.
you entail to be a short time more specific, I used my coup¨¦ as collateral and next be out of a job, I lost my motor.

Luckily I'm debt free after 5 years and don't own to use
collateral anymore.


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