<prompt> Human: Hi. I am unemployed and my only source of income is selling on eBay. I am expecting to find a new job in the next 1-3 months. My only major expense is rent at about 1500month.I own a 2010 Mazda 3 Hatchback with free and clear title in my name. Im considering using this car as collateral for a small loan of 5000. I can do this with my bank Wells Fargo utilizing the 0.50 rate discount. Wells Fargo offers two types of secured loans: free and clear auto financing, and cash out refinancing. I am NOT doing a auto title loan.I believe the process is that I sell the car to the bank and they become the lien holder. So perhaps the loan total must be the fair market value of the car otherwise Im getting ripped off. I only need 5000, but I may need to take out a 10,000 loanI surely can make the minimum payments for 1-3 months and then pay off the loan entirely a few month into my new job. Wells Fargo does not need to know that I intend to pay back the loan so quickly. I am NOT looking for an auto title loanIs this a good plan? My car is the only thing I own of major value and I dont want to sell it outright.  <response>: So perhaps the loan total must be the fair market value of the car otherwise Im getting ripped off. The banks financial institutions wont have any problem ripping you off. Theyre the ones taking all the risk, so why shouldnt they profit if you fail to make your payments? 