Sentences with phrase «type of collateral»

Although the requirements might vary from lender to lender, most online lenders don't require specific types of collateral to secure a loan.

Consumers considering applying for such loans also should know that the lender can require other type of collateral as a guarantee of a loan repayment.

The most common types of collateral include property such as a home or automobile and investment assets like shares of stock.

Generally, there are two main types of collateral that one can use.

Comparison shopping is the best way to check rates, lending criteria, types of loans available, acceptable types of collateral, repayment schedules, and other details.

But what types of collateral are in the portfolio?

Although the requirements might vary from lender to lender, most online lenders don't require specific types of collateral to secure a loan.

For example, the value of art is subjective and may fluctuate to a greater degree than other types of collateral.

One of the most common types of collateral is home equity.

There are two main types of collateral that can be used as security for personal loans: vehicles, and savings accounts.

There are many different types of collateral which you may not be aware of both domestically and internationally but the key among all of them is that something of value is offered in exchange for a loan.

1) Odd Types of Collateral: there was the sense that new and odd types of asset backed securities [ABS] should be bought with abandon because the past experience has been so great.

The Commercial Finance & Banking Practice Group has extensive experience in collateral issues and understands the different methods of perfecting security interests in various types of collateral.

The amount and type of collateral available to repay the loan may be factored into the determination of the appropriate amount of life insurance.

The apartment complex of the future also will have a lobby conference room, overnight mail pick - up and other types of collateral support structures.

Funding Circle loans are secured, but there are no specific types of collateral required.

I don't care how many different types of collateral they might take; if they won't guarantee to take that collateral on favorable terms for a long time, it will amount to nothing by mid-2008.

Cars and houses are some of the most common types of collateral, because they're valuable and can be sold to recoup expenses if you default on your loan.

The only remaining such program, the Term Asset - Backed Securities Loan Facility, is scheduled to close on June 30 for loans backed by new - issue commercial mortgage - backed securities and on March 31 for loans backed by all other types of collateral.

Instead, send prospects relevant, timely information through different types of collateral, such as an infographic, video or how - to, that further explains how to solve the problem they're facing.

There are other lenders, however, who do not require that your loan be tied to a specific piece or type of collateral and who do not need to value your collateral.

We do not require a specific type of collateral, but do require a general lien on business assets along with a personal guarantee to secure an OnDeck loan.

Many lenders today don't require specific forms or types of collateral, but will rather apply a general lien on business assets and a personal guarantee to secure the loan — making it possible for many businesses without specific types of collateral to qualify.

You may read more on the types of collateral used for loans here.

This type of loan will need some type of collateral backing it up with the lending institution that you choose to use.

This depends on the company and the type of collateral.

A personal loan is an unsecured loan, which means that it's not tied to any type of collateral, like a mortgage or car loan.

It will loan as little as $ 2,000 and as much as $ 100,000 depending on the type of collateral.

Secured debts are those that are secured by some type of collateral.

Many lenders today don't require specific forms or types of collateral, but will rather apply a general lien on business assets and a personal guarantee to secure the loan — making it possible for many businesses without specific types of collateral to qualify.

Common types of collateral are homes as well as automobiles.

On other occasions lenders will require some type of collateral to secure the loan.

A low - interest personal loan is a type of collateral - free loan that the lender extends to the borrower at a lower interest rate than a standard personal loan.

The other factor is the type of collateral you can offer the lender.

An unsecured loan is not backed up by any type of collateral but rather based on the credit score or decided trustworthiness of the borrower.

«Reliable sources of statistical information do not exist with respect to the default rates for many of the types of collateral debt securities eligible to be purchased by the Issuer,» say both the 2005 and 2006 CDO prospectuses backing commercial paper held in the funds.

They do not usually require good credit or any type of collateral, and they may improve your credit score.

In the loan world, this term means that the loan has some type of collateral.

Unsecured personal loans give people access to the cash they need without having to produce any type of collateral in the process.

We do not require a specific type of collateral, but do require a general lien on business assets along with a personal guarantee to secure an OnDeck loan.

These are loans that are backed by some type of collateral.

Otherwise, most types of collateral are acceptable.

If it is an unsecured loan (in other words the bank gave you a line of credit and did not ask for any type of collateral), then these loans would be eliminated by bankruptcy or a consumer proposal with no waiting period.

Usually the length of time for scheduled payments is extended and a type of collateral or security is usually -LSB-...]

Most local banks want the borrower to have perfect credit and will perform a traditional credit check with credit reporting agencies and require the borrower to have some type of collateral like a home or car.

The only remaining such program, the Term Asset - Backed Securities Loan Facility, is scheduled to close on June 30 for loans backed by new - issue commercial mortgage - backed securities; it closed on March 31 for loans backed by all other types of collateral.

Or put up some type of collateral which is legal and can be enforced in court?

When we talk about no credit check payday loans what that means your traditional bank will require you to fill out pages of paper work and require you to put up some type of collateral along with running a traditional credit check through the big three credit reporting agencies.

Most personal loans are unsecured, meaning you don't need to put up any type of collateral to get the loan.