Advantages
- Revolving credit structure
- Can serve consumers with limited credit history
- Uses vehicle value rather than relying only on unsecured credit
Yendo offers a credit card that uses the value of an eligible car as collateral to provide up to $10,000 in revolving credit.
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A specialized secured-credit option for eligible US car owners. The potential access to revolving credit must be weighed carefully against APR, fees and the risk of using a vehicle as collateral.
Car owners in eligible US states considering alternative credit options.
Financial/YMYL: do not imply guaranteed approval or guaranteed credit-score improvement. Excluded states: AK, HI, IA, LA, ME, MD, MA, MN, MO, NJ, NY, OK, SD, WI. Verify current APR, fees, lien/collateral consequences, eligibility and disclosures before publishing detailed financial claims.
Consumer costs are determined by current card terms, including APR and fees. Review official disclosures and collateral consequences before applying.
Cancellation, account and collateral-related terms are governed by Yendo’s current cardholder agreement and disclosures. Review them before applying.
Eligible US car owners exploring a vehicle-secured revolving credit option.
Check current pricing, availability, compatibility, important limitations and the provider’s latest purchase or subscription terms before deciding.