Collateral lending · XRP Ledger

Keep the car.
Borrow against the title.

Licensed dealers lend against classic and collector vehicles. Your title becomes a record on the XRP Ledger, a lien is filed with your state DMV, and stablecoin lands in your wallet. The car never leaves your garage.

See how it works

Loans for Classics is lending infrastructure, not a lender. Licensed dealers are the creditors of record. We never take custody of your funds.

Certificate of Title

Motor vehicle · collector class

Title no. 04‑88213

Year1967

MakeShelby

ModelGT500

VIN67410F7A02174

XRPL title record 000813A7…C41F09

What this is

A loan against a car you already own.

You keep driving it. The dealer holds a perfected lien, the ledger holds the record, and nothing moves until a human has checked the paperwork.

Two certified appraisals

Value is set by two independent certified appraisals — ASCAA or IVAN. We lend against the lower of the two. A human reviewer signs off before anything moves.

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Title on the ledger

Your title is minted as a record on the XRP Ledger and held by the registry for the term, while the lien is filed with your state DMV. Both point at the same car.

→

Funds in your wallet

Once the lien is confirmed, the dealer sends RLUSD straight to your wallet. No escrow account, no platform custody, no waiting on a wire.

Repayment

One payoff. The price steps up each year.

There are no monthly payments. Repay in full whenever you're ready — what you owe depends on which year of the term you're in. Borrow up to 85% of appraised value (60% on a rebuilt-salvage title).

Year oneMonths 0–12

114%

Borrow $70,000 → repay $79,800

+14% simple interest

Year twoMonths 13–24

128%

Borrow $70,000 → repay $89,600

+28% total, not compounded

Year threeMonths 25–36

142%

Borrow $70,000 → repay $99,400

+42% total, not compounded

Read this part. Rates shown are New York's 14% simple annual rate — your dealer sets the rate and your state may differ; the exact figures appear before you sign anything. Past the end of year three, the vehicle becomes auction-eligible.

How it works

Five steps, in order.

Each one has to finish before the next begins — that sequence is what makes the lien enforceable.

Connect your wallet

Enter the VIN

We pull year, make and model automatically, then ask for mileage and condition.

Upload two certified appraisals

A reviewer verifies them by hand. The lower value is what the loan is sized against.

Sign the power of attorney

That authorizes the dealer to file the lien with your state DMV. Your title is minted to the registry at the same time.

Lien confirmed → funds released

The moment the DMV confirms the lien, the dealer signs the disbursement and RLUSD arrives in your wallet. Nothing is released before that.

Start with the VIN.

Connect your wallet and we'll take it from there. It takes a minute, and nothing is committed until you sign.

Keep the car.Borrow against the title.