I wrestled with the decision for three days, before I finally went to the bank to sign the paperwork
The only thing I own that is paid off, free and clear, is my truck. My grandfather gave me the truck when he died and I have always kept it close. I really take care of the truck, because I want to make sure that it lasts a long time. This truck still has pretty significant value, because of the low mileage. My grandfather babied the truck and only drove it to the track on Sundays. When the problems with my AC unit began, I started thinking about how I could possibly pay for a new Central AC. When the service provider finally gave me the bad news, I really had to think about my options. I didn’t have enough money to pay for the AC system and the service provider would not perform the work without at least 50% of the cash upfront. I contacted the Tampa Bay bank where I have a credit card. My credit wasn’t exactly the greatest and I was already in hock up to my neck. The bank refused to give me a loan for the new AC unit unless I used my truck as collateral. I wrestled with the decision for three days, before I finally went to the bank to sign the paperwork. There’s absolutely no way that I can miss any of the payments for the new AC unit, or the Tampa Bay Bank will take my truck and sell it at an auction for pennies on the dollar. If I didn’t live in Tampa Bay, where the temperatures during the summer are 100°, I think I would have said no to not loan. I wish I could have found a different way to survive the entire summer without air conditioning, but it’s just impossible when you live down south.