Sentences with phrase «to put up as collateral»

You might think you have to have some property to put up as collateral for a loan.

The word «secured» means that the loan is backed by an asset put up as collateral.

The mortgage interest can only be deducted if the mortgage is secured debt, where the home is put up as collateral as a way to protect the lender's interests.

But be cautious; you're risking your house by putting it up as collateral.

If you own a home, you may put it up as collateral in order to get a lower interest rate loan.

If you were a winner the prize was customarily the other shooters, but when a boy (in those chauvinistic days, bottle - cap shooting was strictly a masculine affair) was down to his last shooter, he could put up as collateral anywhere from two to six unfilled bottle caps, depending on their condition and relative rarity.

The Star Citizen subreddit is aflame this weekend after bloggers on multiple sites and social media platforms, seemingly spurred on by a certain self - proclaimed Internet Warlord, have held up recently disclosed Cloud Imperium loan documents as «proof» that the company is close to failure and in danger of losing game assets allegedly put up as collateral.

A type of loan secured by collateral such as property or shares, where if the borrower defaults the lender can only seize the assets put up as collateral for the loan.

Borro is a luxury asset lender, meaning if you own valuable assets such as fine art, diamonds or a luxury car, you can put it up as collateral and receive between 50 percent and 70 percent of its value, depending on the item.

In the worst - case scenario, your lender can foreclose on your home, since you will have put it up as collateral for the HELOC.

Do you have an property or inventory that you can put up as a collateral?

For many banks to even consider your application, you'll need to have strong industry experience, stellar credit history, a solid business plan, enough assets to put up as collateral, and sufficient cash to use as a down payment.

Another benefit is that you are going to be able to continue driving your vehicle and using the vehicle that you have put up as collateral the same way you were before you move forward with a car title loan.

Sometimes you'll be able to get even a bit more for the title that you are putting up as collateral.

They will» sell» their service to you as a solution to help get out of debt whereas the reality of the situation when dealing with such lending institutions is the fact that you are more likely to get into even more financial strife and lose the assets that have been put up as collateral for the loan and possibly force you into bankruptcy.

People who have a home or car which they can put up as collateral are in better position to haggle a higher credit for their debt consolidation.

This means that the decision to lend is based on the equity and value of the property being put up as collateral, and not based on the your credit.

This means that the decision to lend is based on the equity and value of the property being put up as collateral, and not based on your credit.

Your ability to qualify is based off your ability to pay off the loan, not your credit history or what you're willing to put up as collateral.

With a secured loan you have to have something to put up as collateral.

You need to own the vehicle free and clear to put it up as collateral.

This means you may wish to consider a secured loan if you want to borrow more money at a cheaper rate and you have a property to put up as collateral.

In the worst - case scenario, your lender can foreclose on your home, since you will have put it up as collateral for the HELOC.

This could mean if you don't make a profit, he will pull all funding or he may request that some form of your personal property be put up as collateral.

This means if you do not own a home or a car to put up as collateral he financial institution will only have legal recourse to get their money back should you default on paying according to the terms of your loan.

This means that the decision to lend is based on the equity and value of the property being put up as collateral.

For many banks to even consider your application, you'll need to have strong industry experience, stellar credit history, a solid business plan, enough assets to put up as collateral, and sufficient cash to use as a down payment.

To be eligible for High Point title loans, you must be 18 years old and have a free and clear title to the motor vehicle being put up as collateral.

They underestimate their ability to repay the loan in its entirety, which generally ends with the loan company growing upset and repossessing the vehicle you put up as collateral along with the title of said car.

You may be eligible to get an unsecured loan even if you do not own property to put up as collateral.

How does a loan sound where you'd put up as collateral your car — which you've already paid off with an auto loan — at 250 to 300 percent annual interest?

If you don't make your monthly payment on a secured debt, the creditor can legally take whatever asset you put up as collateral.

Yes, creditors will generally still offer loans to consolidate the debts of those with bad credit ratings, but will offer loans with either increased interest rates, or, more likely, only offer secured loans whereby your property must be put up as collateral.

If you neglect to pay your loan, the property you put up as collateral will be repossessed from you.

A prepaid card is linked to money you put up as collateral.

How does a loan sound where you'd put up as collateral your car — which you've already paid off with an auto loan — at 250 to 300 percent annual interest?

Unless you have a large amount of cash on hand or real estate that is free to put up as collateral, your only real option is to buy car insurance.