Not exact matches
Unlike other types
of loans that require a much more complicated process, title loans only
involve assessing the
value of the vehicle that is being used as
collateral.
You may have to agree not to apply for C or use C any additional credit while you're participating in the plan, and a DMP is likely
of little
value if your problems stem from or
involve your secured creditors holding your car, truck or home as
collateral.
Borrowers will never receive loan proceeds equal to 100 %
of the
collateral's
value, because even the most liquid assets can only be seized and sold through a court process that
involves delay and expense.
Certain transactions
involving the use
of cash
value as
collateral for a loan or transfer
of ownership to a third party with an insurable interest do not
involve settlement contracts and do not require compliance with the various settlement regulations.
The enhancement to its «
collateral assessment» feature
involves the use
of property databases and statistical models to determine the
value of a property.