Sentences with phrase «borrowed against for»

Equity can also be borrowed against for home improvement or emergency.

The cash value can be borrowed against for emergency funds, college funds, or for any type of opportunity.

This is the value that can be borrowed against for the purposes of making a loan.

Whole life and universal life policies have an investment component that builds a cash value which can then be borrowed against for any reason.

The organization provides cash - value permanent life insurance that can be borrowed against for an interest fee.

This cash value can be borrowed against for emergency expenses or to cover premiums, but is not part of the death benefit.

The cash may be withdrawn or borrowed against for any reason by the policyholder.

And, the policyholder always has access to their cash value account, which can be withdrawn or borrowed against for any reason.

Does it provide a cash value that can be borrowed against for future needs like retirement income?

If you build enough equity, you may be able to borrow against it for other financial needs.

You, as the policy owner, would have $ 200k cash value to withdraw or borrow against for a life insurance loan.

With a cash value life insurance policy, the policy owner can borrow against it for any reason whatsoever.

As the cash value grows, you can borrow against it for whatever you need, including retirement income.

I normally don't recommend touching retirement but you can borrow against it for usually up to 5 years and the payments come right out of your pay check.

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.

But estimates you can take to the bank and borrow against for your drilling program.

Not only are the death benefits important for surviving family members, but many plans enable policyholders to borrow against it for other monetary needs such as college funding and retirement.

As the cash value grows, you can borrow against it for whatever you need, including retirement income.

If you unexpectedly die, your loved ones will be left with a significant amount of debt with no equity to borrow against for immediate cash.

Cash value grows tax - deferred, and can be used to pay premiums or to borrow against for other financial needs.

Whatever gains are earned can be used in a few different ways: to increase the death benefit, to borrow against for some later use or to keep the policy in effect so that you can stop paying monthly premiums.

A permanent life insurance policy may be a way to build savings for them and give them an opportunity to have a life insurance policy that pays for itself by the time they have a family of their own, or if they want to use the cash portion to borrow against for a major purchase.

This is a handy feature which you can use for your retirement and you can even borrow against it for college funding, major purchases and any other financial need.

This cash value allows you to borrow against it for things to help you and your loved ones, such as additional income in your retirement or school tuition for your children.

Reason two: If you are practicing infinite banking you are using your whole life insurance as an asset to borrow against for the purchase of other assets.

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.

Not exact matches

Borrowing against her home wasn't enough for Charis Sweet - Speiss to pull herself out of debt.

The home equity line of credit has allowed millions of households to borrow against their properties, providing cash for everything from renovations to investing to debt consolidation.

Macron has said he hopes to pool liability for various kinds of debt: a completed banking union would ensure bailout costs for individual financial institutions would be distributed across the continent rather than borne by individual countries, and the so - called Eurobonds would allow national governments to borrow money against a joint continental credit rating.

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.

A naked short is when someone sells a stock short without borrowing, something Byrne is notably against, and is not supposed to happen for the most part.

A woman I work with borrowed against her 401k to buy a ski - in, ski - out condo for around $ 150k during the recession, which she now rents out on a daily basis for a crazy high return, as in her gross rents paid for the entire purchase price after 2 years of ownership, and she's now paid back her 401k loan.

When you want something you don't need and can't currently afford, save money, look for bargains or wait for sales deals — but never risk losing your home by borrowing against your equity for things you can live without.

The loan - to - value ratio is a critical component of mortgage underwriting, whether it be for the purpose of purchasing a residential property, refinancing a current mortgage into a new loan, or borrowing against accumulated equity within a property.

While some school administrators may frown on the practice of using borrowed cash for non-school expenses — and taking out student loans for risky investments seems like a great way to graduate with even more debt — per Student Loan Report there aren't any rules against it.

The policy loan provision stipulates the amount you can borrow against your cash value, the rate of interest, and other terms for policy loans.

A LOC is fundamentally a credit limit a business can borrow against whenever they need it, repay, and use again — often for a specified term.

If you need cash for an emergency, one option is to borrow against your own savings.

At issue are reverse mortgage programs, which allow seniors to borrow against their homes for everyday living expenses.

Alongside the borrowing for the purchase of housing assets, there is the phenomenon of housing equity withdrawal, whereby households are borrowing against rising housing values to fund other forms of spending.

But the very simplicity of borrowing against your 401 (k) plan covers up some hidden dangers that you need to be aware of if you're considering taking out a 401 (k) loan — even for a down payment on real estate.

This means you'll save some money on the interest you'll pay back against your borrowing; making balance transfers a preferred way for many borrowers to axe interest and pay off outstanding debt, as many credit card companies offer an interest free period on balance transfers to new customers.

FAIR Canada believes it is highly inappropriate (and overly risky) for most individuals to borrow to invest (otherwise known as «leverage»), particularly where it involves borrowing against your home.

Borrowing against your home equity with a home equity line of credit (HELOC) rather than a regular equity loan will also give you a great deal of flexibility, which makes them ideal for a variety of financial uses.

It could cause the euro to rise in value against other currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs for indebted governments in the 19 - country eurozone.

The British, for their part, cleverly borrowed Abraham Lincoln, whose argument against southern secession seemed to them to rebut the pretensions of the American «secessionists» of 1776.

It is easy for Christians, for example, to get stuck on abstract issues, such as whether the believing community ought to be — in terms borrowed from H. Richard Niebuhr's Christ - and - culture typology — «above» the political order, «in tension» with it, «transforming» it, «of» it or «against» it.

Goldhill's answer is that they would pay for health care costs with credit, borrowing against future contributions to their health savings accounts.

As far as I am concerned I just wish Tottenham well, I believe they will have to sort out issues and have strong winds against them (yet as it was stated, their borrowing rate is almost 10 times cheaper that what AFC had to pay, which makes the success AW and AFC managed the more impressive — yet they get not credit for it).

If you are barely making ends meet now, and trying to prepare for your child's future you may be borrowing against their present.