Sentences with phrase «as collateral against the loan»

The items you bring in are used as collateral against a loan provided to you.
A car title loan is a secured loan that works by using an automobile as collateral against the loan, which is why the type of car someone has makes all the difference.
Such plans are usually offered by financial companies to insure the property control as collateral against the loan provided.
The basic principle here is to use the car or truck that you already own as collateral against the loan that you take, similar to a home equity loan.
When someone takes out a sizeable loan, such as a home mortgage or an auto loan, the lender often requires an asset that can be held as collateral against the loan.
Eventually, the company has stated that the tokens can be used directly as collateral against a loan.
The securities are then used as collateral against that loan, and the broker charges interest for the balance of the loan.
A title loan, as the name implies, uses the title for an automobile as collateral against the loan.
The Wall Street Journal reveals that a small New York museum faces the loss of its charter when it was discovered that the permanent collection had been pledged as collateral against a loan for the museum's mortgage.
Some of them are secured, meaning that you used some type of asset as collateral against the loan; and others are unsecured, meaning they're not attached to an asset but are granted based on your credit.
You'll be putting up the equity in your vehicle that you have been paying off on as collateral against the loan you are leveraging, and as long as you maintain the financial discipline you need to continue making payments you won't have anything to worry about.
Auto title loans are short term loans offered as advance cash after the borrower pledges his car as collateral against the loan.
If work had been done over the years on the property or it was given as collateral against any loan, there may be banking institutions or individuals that have a claim against your inheritance.
A secured loan, in layman terms, is a personal loan that is guaranteed by an asset that is pledged as collateral against the loan.
The borrower's stock holdings or other investments are used as collateral against the loan.
The cash value component allows you to borrow funds when required, used as a collateral against a loan
The borrower's stock holdings or other investments are used as collateral against the loan.
When an asset is pledged as collateral against a loan the terms of the contract specify that should the borrower default they risk forfeiture of the asset to make the lender whole again legally and financially.
When you got your first mortgage you put your home up as collateral against the loan.
Since community power groups are generally new organizations, they have no equity, bank account or assets to use as collateral against a loan.
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