Go Back To Search Results Question Can i get a secured loan using an ipad 2 as collateral? If I go to a local bank and apply for a $1000 loan and put my brand new iPad 2 as collateral, would they accept that. I have no credit history and I gross 2,200 a month . So would they take that? By Posted on 11/03/11 Total Answers 6 Answers- I highly doubt it Answer by : J C On Date 2011-11-03 11:39:54 LOL!! They would laugh you right out of the branch. Answer by : Ryan M On Date 2011-11-03 11:40:29 Raymond, just go and get a secured credit card (as I already suggested to you), its the only way you are going to build your credit. Answer by : Casey Y On Date 2011-11-03 11:42:25 LMAO. Answer by : Traya On Date 2011-11-03 11:44:51 No...banks don't dabble in small secured loans... Answer by : Steve D On Date 2011-11-03 11:46:56 nope. pawn it or sell it outright. Answer by : wg0z On Date 2011-11-03 13:57:38   Go Back To Search Results