Open Question: Is it possible to get a Loan from a bank using my Truck title as collateral?

I purchased my 2003 Toyota Tacoma Truck from a family member for 1$ the value is $6000 . I have the title in my name now and it is mine.. Is their a way to go the bank and get a loan based on the truck value to help pay off my bills and have one payment? sorry if this is a stupid question but I have no idea! Thank you