Sentences with phrase «used as collateral against a loan»

The borrower's stock holdings or other investments are used as collateral against the loan.

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

The cash value component allows you to borrow funds when required, used as a collateral against a loan

The items you bring in are used as collateral against a loan provided to you.

Since community power groups are generally new organizations, they have no equity, bank account or assets to use as collateral against a loan.

Not exact matches

The basic principle here is to use the car or truck that you already own as collateral against the loan that you take, similar to a home equity loan.

A car title loan is a secured loan that works by using an automobile as collateral against the loan, which is why the type of car someone has makes all the difference.

When you borrow against your policy (use your cash value as collateral), you are still receiving dividends on your full cash value, AND you get the use of the cash on loan to invest in something else.

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

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).

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.

You can use stocks, insurance that is in your name, a car or even a boat as collateral against a secured loan.

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.

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.

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

With Car Title Loans, your automobile is used as collateral against the money you borrow.

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

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 loans.

Another benefit of whole life insurance is the cash value can be borrowed against income tax free with a life insurance loan that uses the cash value as collateral.

The mutual company uses your cash in your policy as collateral against your policy loan.

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

When you borrow against your policy (use your cash value as collateral), you are still receiving dividends on your full cash value, AND you get the use of the cash on loan to invest in something else.

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.

You can take a loan against the cash value, use it as collateral, take a portion of the cash outright or surrender the policy.

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.

According to the whitepaper of GoldMint, investors of GOLD can use the cryptoasset to hedge against crypto trading risks and also obtain secured loans from GoldMint by using GOLD as collateral.