Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78   Go Back To Search Results Question Can you negotiate the financing rate of a secured loan with the bank? I have some money put away in a CD and would like to take a small loan ($1,000) against it from the same bank. Can I negotiate the financing rate with them the same way I could with a car dealer? By wsdmskr825 Posted on 05/11/08 Total Answers 3 Answers- Sure you can try. But chances are that you will not get that far. One never knows.....I think in your situation your cheapest route is withdrawing the money early and forfeiting the interest. If you have more than one CD, you can chose the one that costs you the least. Answer by : vilkri On Date 2008-05-11 17:52:26 sure Answer by : donmustard@sbcglobal.net On Date 2008-05-11 18:05:22 Very unlikely but you can use the CD as collateral against the loan. Example: You have a $1000 CD that's paying 3% and the loan is the same amount at 6%, it will only cost you 3% Answer by : stan c On Date 2008-05-11 20:54:57   Go Back To Search Results