Sentences with phrase «borrow against it because»

This means that if you have term life insurance, you can not borrow against it because it has no cash surrender value.

Not exact matches

So, I will stay away from politics except for raging against the Mayans for convincing me the world was going to end five Decembers ago, which naturally prompted me to borrow six figures from Joey «The Mackeral» MacInosh at usurious vig because, well, I reasoned that once the world ended I would finally be debt free.

Because selling something you don't own — naked shorting — is generally against the rules, short - sellers must first find someone to borrow a stock from.

Debt consolidation.If you're struggling with credit card debt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest rates.

However, in most cases the amortization period changes because different borrowing terms, interest rates and payments against the principal amount at each renewal vary the length of time required to pay off the mortgage.

At least half the mortgage defaults are not by people who truly can't pay their mortgages, rather they are by «strategic defaulters» who don't WANT to pay their mortgages because the value of what they borrowed against their home, went down.

A lonely, homesick freshman, down on himself because of a poor showing against Georgia — «Bo made a ton of mistakes,» Crowe remembers — borrows a friend's car in midafter - noon, drives to the Auburn Greyhound station and sits.

A person who exercises their first amendment right to freely exercise their religion will be discriminated against because they will pay higher taxes than someone who chooses to borrow money to buy a house.

Cuomo and the legislature agreed in 2013 to exempt borrowing by the state Dormitory Authority, which is controlled by Cuomo appointees, from being counted against the state's legal borrowing cap because they said taxpayers won't be liable for the debt.

Steven Rhoads (R - Bellmore), said he voted against the borrowing because he didn't receive an adequate explanation as to why it was necessary.

In addition, credit constraints are important because young people can not borrow enough against their future human capital and thus suffer from lower consumption when they are in school.

Although lenders explicitly advise against borrowing more than you need, the fact of the matter is that many students do it because they have to.

You can't be underwater because of having nothing to borrow against.

The basic concept behind this strategy is «you can't eat your home»: Because your residence produces no income, home equity is useless unless you borrow against it.

If times get tough because you have lost your job and your cash flow is bad, I wouldn't count on being able to borrow against your house to pay bills.

Because a HELOC allows you to borrow money against your home's value, your line of credit will depend on several factors, including your home's appraised value, the remaining balance on your existing mortgage, and your credit history.

The financial industry has made year over year record profits because they invested in the derivatives, and then either sold the Mortgage Backed Securities on Wall Street or Leveraged (borrowed) against them at the Federal Reserve.

As home values plummeted, fewer homeowners took cash out when refinancing simply because they often didn't have enough home equity to borrow against.

Maybe you even have one, but because of a financial hardship, you then needed to borrow against credit cards that were at a zero balance after you transferred the original balances to the loan.

Today things are quite different because you can borrow a good amount of money against your signature.

They are limited in how much they can offer because there is no collateral that you can borrow against.

Not only that, because all we require is that you hand over the title until you repay the loan, and not the vehicle itself, you can drive your car or truck and still borrow against it!

So, what happens now is they actually can't sell the houses because they didn't borrow against the house.

Because you can only borrow against the equity you already have (i.e. the difference between your home's value and your mortgage), you may have to arrange — and pay for — a home appraisal.

Borrowing against it is just as important because a HELOC is a mortgage with similar implications; and in some cases, depending on the fine print, a home equity line of credit can affect your credit rating, your ability to borrow for other needs, and even your ability to use your credit card going forward,» said Leclair.

No doubt Ed will have more info on this, but the paper «Betting Against Beta» by Frazzini & Pedersen to which he refers above can be found at http://www.econ.yale.edu/~af227/pdf/Betting%20Against%20Beta%20-%20Frazzini%20and%20Pedersen.pdf The basic idea of the paper is that investors are apt to bid up high beta stocks because it's a way of leveraging their portfolio without actually borrowing to invest.

You won't get it back if you decide to move because you're not selling your home, and you can't borrow against it for special purchases or emergency expenses because you're not building equity.

If you and other «shorts» are bidding against each other because your borrowed stock has been «called» by its owner, the stock can soar.

HELOCs and Home Equity Loans are similar because both allow you to borrow against your home equity.

You can borrow large amounts through the second mortgage because your loan is secured against a property which is generally worth a lot of money.

The loans are usually «leveraged loans», that is, loans to businesses which owe an above average amount of money for their kind of business, usually because a new business owner has borrowed funds against the business to purchase it (known as a «leveraged buyout») or because the business has borrowed funds to buy another business.

If you own rental property and borrow against it to buy a home, the interest does not qualify as mortgage interest because the loan is not secured by the home itself.

Because interest rates for mortgages are lower than interest rates for nearly any other type of loan, you might save money by borrowing against your home instead of accessing other, more expensive credit products (like an auto loan or a personal loan).

Borrow Against the Policy: Because the cash value is generating additional income, you can actually borrow against the policy if nBorrow Against the Policy: Because the cash value is generating additional income, you can actually borrow against the policy if Against the Policy: Because the cash value is generating additional income, you can actually borrow against the policy if nborrow against the policy if against the policy if needed.

Because the policy has cash value, the insured can borrow against it, with a portion of each premium payment invested.

The main purpose of the legal reserve is to provide lifetime protection, but because more money is collected in premiums in the early years of a policy than is needed to cover the mortality charge, level - premium policies develop a cash value, which the policyholder can borrow against, or can surrender the policy for its cash value if the policyholder no longer wishes to continue the life insurance policy.

Because these policies carry a cash value, many insurers will allow you to borrow against the investment portion of the policy in the form of a low - interest loan, or you can close out the policy entirely and take the cash value.

Community college students sometimes feel compelled to do so in order to ensure they qualify for a certain amount of financial aid, but if you end up dropping courses, this actually works against you, because you'll need to borrow more to re-take those courses in the future.

You can't borrow against the cash value in the policy because you're no longer the policy's owner.

Though it will pay out a stated amount upon the insured's passing, because of its cash value, it can be withdrawn or borrowed against by the policyholder.

Whole insurance is often sold as an investment because it has a cash value and you can draw out of it or borrow against the amount when you are still alive.

Permanent life insurance policies are excellent emergency resources because they're accessible, you can borrow against them without having to qualify for a loan, and you can pay a policy loan back on your own schedule.

This can be a big deal when your growth is high because you can borrow against your cash value and earn positive arbitrage due to your borrowed balance still earning interest crediting.

It is more expensive than Term Life Insurance because of its cash value, which can even be borrowed against by the insured member.

Some whole life policies are used as investments, because they can accumulate a cash value that can be borrowed against or used to cover the cost of the premiums.

However, because term life insurance doesn't have a cash value, that does mean you can't do some fun things that owners of permanent life insurance policies can do, like borrow against your life insurance policy.

For this reason, be cautious about borrowing too heavily against your policy because you could be jeopardizing the very reason for purchasing insurance in the first place - the security and welfare of your beneficiaries.

Whole life insurance can cost double (or more) than guaranteed universal life insurance because the policies are building «cash value» which can be later borrowed against, or used to fund an investment.

Because monies borrowed from a VUL policy that is maintained through the insured's life are technically borrowed against the death benefit, they work out tax free.

That's because when you choose a HELOC to finance your upgrades, you're embracing the financial fluidity of borrowing against your home's available equity.