Sentences with phrase «collateral against his loans for»

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.

Not exact matches

In the first auction, the Desk will arrange an auction for a loan of Treasury securities against a pledge of all collateral currently eligible for repurchase transactions currently arranged by the Desk.

In the second auction, the Desk will auction Treasury collateral for loan against a pledge of AAA / Aaa - rated private - label residential MBS not on review for downgrade, as well as collateral currently eligible for Desk repurchase transactions.

As security for the loan, the lender may require a lien on the equipment as collateral against your debt.

It will provide funding for banks over an extended period of several years, lending against a much greater value of collateral in the form of loans to the real economy.

Both Credibly and QuarterSpot don't have specific collateral requirements for their loans, and in general, neither company will even file a general lien (UCC - 1) against your business unless the loan is sufficiently large.

Unsecured Loans and Bad Credit Loans: Part I Whether you are a renter who does not have a home to put up for collateral or a homeowner who does not wish to secure a loan against your property, you can find an unsecured loan...

Whether you are a renter who does not have a home to put up for collateral or a homeowner who does not wish to secure a loan against your property, you can find an unsecured loan that can work for you.

A bad credit auto loan provides you with the money to fund your vehicle purchase, and the lender secures collateral for the loan in the form of putting a lien against the vehicle until it is paid for in full.

Additionally, automobiles used as collateral must be insured against physical damage for the term of the loan.

As security for the loan, the lender may require a lien on the equipment as collateral against your debt.

Liens are a lender's claims against the value of property used as collateral for a loan.

An unsecured debt is one that has no security against it (you have not used assets as collateral for the loan).

Home equity loans are a good example of this type of credit: As a homeowner, you can put your house up as collateral in exchange for borrowing against some of the value it has accrued over time to cover things like medical bills, major repairs or other unexpected expenses.

An unsecured loan, as the name suggests, does not require collateral against the loan and can be used for any reason you may have in mind — that much - awaited vacation or a medical emergency or even debt consolidation.

The securities are then used as collateral against that loan, and the broker charges interest for the balance of the loan.

The purchase - money lender has recourse only against the collateral for the loan and not against the purchaser / borrower in her individual capacity.

The lower the Loan - to - Value ratio the better because it gives some protection against the risk of a decline in property or home values (prices) which can adversely affect the MIE if it has to pay for expenses associated to selling the property that has been used as collateral such as legal fees, realtor commissionsCommissions What you pay to a broker or agent for their services.

A car loan is secured against the vehicle you intend to purchase, which means the vehicle serves as collateral for the loan.

By pledging your home for collateral against your cosmetic surgery loan, you agree to allow the lender to place a lien against it until you pay off your cosmetic surgery loan in full.

When your lender writes a secured loan for you, a lien is placed against the collateral that you pledge.

If the vehicle that will be used as collateral in the transaction has a clean and clear title - and has no outstanding liens against it - the owner of it will almost always qualify for a loan.

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

By putting up a piece of real estate as collateral, a person can qualify for a loan that is secured against their property.

A Loan without security: A Personal Loan is not a secured loan (bank doesn't ask for any security or collateral) as against a Secured Loan where one is required to pledge a house or other security to acquire a lLoan without security: A Personal Loan is not a secured loan (bank doesn't ask for any security or collateral) as against a Secured Loan where one is required to pledge a house or other security to acquire a lLoan is not a secured loan (bank doesn't ask for any security or collateral) as against a Secured Loan where one is required to pledge a house or other security to acquire a lloan (bank doesn't ask for any security or collateral) as against a Secured Loan where one is required to pledge a house or other security to acquire a lLoan where one is required to pledge a house or other security to acquire a loanloan.

Instead of getting a home equity loan and borrowing money against the value of your house, opt for a no - collateral personal loan.

They repackaged these loans and used them as collateral for bonds called mortgage - backed securities; they guaranteed buyers of those securities against default.

A title loan, as the name implies, uses the title for an automobile as collateral against the loan.

Examples might include loans well secured by marketable collateral and in the process of collection, loans for which claims are filed against solvent estates, and loans supported by valid insurance claims.

Additionally, all vehicles used as collateral will need to be insured against physical damage for the entire life of the loan.

For example, we offer loans against Bitcoins — where the coins are used as collateral for fiat currency loaFor example, we offer loans against Bitcoins — where the coins are used as collateral for fiat currency loafor fiat currency loans.

If there is a filed collateral assignment for life insurance against the policy, any monies paid out will be used to pay off the balance of the loan before either the policy holder or their beneficiaries.

While there are a number of reasons for a policy holder to take this particular action, the most assignment of life insurance policy as collateral is for security against a loan or liability.

Options to obtain a loan in lieu of the same as a guarantee against non-payment: Banking institutions take these plans as collateral for any loans given to the insured.

Finally, like universal life, you can borrow against your policy's cash value, using it as collateral for a low - interest loan.

You can use the cash value as collateral for a loan, such as a small business loan, or you can borrow against the cash value to purchase other assets.

It is also important to understand that the policy loan is not taken out of your death benefit, but borrowed against it, and the insurance company is using your policy as collateral for the loan.

Life insurance is a versatile investment tool providing for not only retirement but also tax benefits (as per prevailing tax laws), collateral for loans (home, automobile, and education), and protection against medical exigencies.

You can take a policy loan against the cash value, use the policy as collateral for a bank loan, take a portion of the cash value outright or take all the cash value and terminate the policy.

Now the collateral, or your home, is gone, so the mortgage is useless — there is nothing for the bank to take back — but the loan still exists and your lender has the right to sue you to get a judgment against you.