I attempted to do exactly this.. I have zero credit card debt, no kids, no house, a great credit rating and a high disposable income, and I earn a relativly high income for this area. The only debt I have is my truck.
I got rejected by two different banks. Including the (local) bank I have been using and usually keep a high balance.
They both told me I don't have an alternate means of payment.. Ie. stuff they can TAKE to SELL in the unlikely event that I don't pay back my loan.
I understand the concept of collateral.. However I was asking for $2000... THATS IT.. I earn many many times that..
I guess the days of word is bond are long gone.. I even had the bean counter run it by the PRESIDENT of the company who holds a pilot ticket and OWNS an airplane..
Bastards...
W