Sentences with phrase «against the loan amount»

As the term suggests, a secured personal loan is made in lieu of some collateral that is used as security against the loan amount.

When examining equity, companies consider how much equity you have and weigh that figure against the loan amount you're seeking.

An unsecured bad credit loan is a loan written for bad credit borrowers who either have no collateral to pledge against the loan amount, or do not wish to put their home or automobile up as security against their bad credit loan.

For a Secured Business loan, the borrower needs to pledge something as collateral or security against the loan amount taken.

In the event your policy lapses, you will be required to pay income taxes against any loan amount that exceeds the sum of the cash value and the amount of premiums that you paid.