Sentences with phrase «essentially borrowing against»

With a secured credit card, your credit limit is a cash deposit you'll be required to make before opening your account, so you're essentially borrowing against yourself.

Not exact matches

This feature protects the bank against the possibility that prevailing interest rates fall below the CD's rate, essentially forcing the bank to overpay on the money they've «borrowed» from the CD holder.

This feature protects the bank against the possibility that prevailing interest rates fall below the CD's rate, essentially forcing the bank to overpay on the money they've «borrowed» from the CD holder.

Essentially, you borrow against your own loan to the lender.

A policy's cash value is essentially the amount of money you would receive if you surrendered the policy to the insurer, and this amount can be borrowed against or used to pay premiums.

It does impact your ability to take out other loans (to an extent) Your first investment property is going to go against your debt to income levels, so if you take out a loan, you've essentially decreased the amount you can borrow before you hit a lender's debt to income ceiling.

When you borrow against your 401k, you essentially borrow from yourself.

With a home equity loan or home equity line of credit, the borrower puts up the equity in his home as collateral — essentially, this means borrowing against the amount your home is worth minus your current mortgage balance.

Additionally, policyholders can borrow against the cash value, essentially taking out a loan.

Additionally, policyholders can borrow against the cash value, essentially taking out a loan.

A policy's cash value is essentially the amount of money you would receive if you surrendered the policy to the insurer, and this amount can be borrowed against or used to pay premiums.

When borrowing a loan against an insurance policy, you are essentially borrowing from yourself.

The cash value is essentially the amount of money you would receive if you decided to give up the policy to the insurer, but it can also be borrowed against by the child once it's large enough.

Essentially, the service would allow individuals and projects to borrow against either their own crypto assets (or those invested by supporters) rather than converting them directly to cash.

Essentially, a Portfolio Loan allows our clients to borrow against the portfolio of investments they have already made, in order to move forward with further ventures, or to refinance an existing Portfolio Loan.