Sentences with phrase «collateral against your debt»

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

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

Not exact matches

For a fee, the Reserve Bank will make available sufficient liquidity (against eligible collateral) to address the shortfall of HQLA beyond the banking system's holdings of Commonwealth and state government debt.

Your home equity — the value of your home less any other debt registered against the home — serves as collateral for the credit line.

Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house.

And it just means that the shareholders could use one of there businesses as collateral against the bond repayments instead of the debt being against the club its only # 250million that's nothing for them you would probably find they could use the debt to there own ends to make more wealth for themselves.

Unsecured credit cards are «regular» credit cards that don't require you to deposit any cash with the bank as collateral against unpaid debt: you're allowed to make purchases up to your credit limit, and can pay for your purchases over time — although you'll typically pay high interest rates on any purchases you don't pay off in full each month.

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

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.

Liens against collateral used to secure debt, like car loans and home mortgages, will not be discharged, and that property can be repossessed or foreclosed on unless you continue to make payments or are able to reach a new agreement with your lender.

Consumers whose credit is not good enough to obtain such an unsecured card might find that a debt consolidation loan secured against collateral may help them reduce their debt more quickly.

The opposite of secured debt / loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may only satisfy the debt against the borrower rather than the borrower's collateral and the borrower.

The Bank can exercise its rights against the Collateral Account even if you are no longer liable on Debt because of a statute of limitations or because of other reasons.

Bank can exercise its rights against Collateral Account even if you are no longer liable on Debt because of a statute of limitations or because of other reasons.

Debt finance is hard to raise as most games developers have little collateral with which to borrow against.

In Chapter 13, debts that are secured by collateral or that involve liens against property typically have to be paid in full through your payment plan.