Anyone use a bank as collateral?
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Anyone use a bank as collateral?
You mean use the bank as the guarantor? Like a bank letter of credit?
deditated wam
As in their checking/ saving account as collateral
Exactly
So a cash advance?
Passbook loans — sometimes called pledge savings loans — are a type of secured loan that uses your savings account balance as collateral. These loans are offered by financial institutions, like banks and credit unions, and can be a convenient way to borrow money while rebuilding your credit
At World Business lenders, GSantos@wbl.com, 212.271.8284
Only real estate as collateral. Any type.