However, you can't
usually access the cash during that time, and even if you can, the penalties can be large.
Not exact matches
A home equity line of credit gives you
access to a sizable pool of
cash,
usually up to about 85 % of your home's value, less the balance remaining on your mortgage and adjusted based on your creditwortthiness and ability to pay.
You can
usually access your line of credit by writing checks from the equity account or by
accessing cash directly from the lender.
While the terms are basically similar to ordinary payday loans, some benefits derived from applying for a payday loan on the phone include instant response on the lending decision, fast application process,
usually not more than five minutes and quick
access to
cash, should one qualify for the loan.
They are
usually able to help you get
access to legal assistance, prescription drug refills, emergency
cash, and much more.
Over time the
cash value grows,
usually tax - deferred, and the owner may be allowed
access to that money in the form of a policy loan or payment of the
cash value.
It's designed to help you protect your family with insurance and customizable death benefit guarantees (
usually for an additional charge), plus give you
access to professionally managed investment options to help you grow your policy's
cash value at the same time, subject to market risk.
Often support will be available through employee assistance programmes,
usually accessed through private medical insurance plans or
cash plans, but dedicated support services are also available.
also known as a home equity loan, a second mortgage gives borrowers flexibility to
access the
cash equity in their home,
usually useful for other high - dollar expenses such as auto and college loans.