Which lenders offer collateral assignment loans?

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PostPosted: Wed Apr 29, 2015 11:43 am   Post subject:   

I'm a banker and recently looked into getting a loan against CV in a policy I have as well. My bank (and the 2 other major commercial banks I spoke to), will consider CV in a permanent policy (not a term policy), as collateral for a personal loan, but not until you're in the "Private Banking" realm. In other words, if you're not moving $1 million or more to their bank, and the policy is not worth > $250k, they really have no interest in entertaining this. All 3 banks had the same view on this... it won't get done in a retail branch - only in the wealth management or private banking arm. So keep paying your premiums and make sure your family is protected. Find another way to borrow the money you need. So, to the person with the client with $100MM in life insurance - the big question is what is the CV?


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anonymous banker
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PostPosted: Sat Jun 27, 2015 11:13 am   Post subject:   

what bank was I need to borrow money against my collateral assignment in Los Angeles


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RICHARD FISHER
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PostPosted: Sat Jun 27, 2015 11:18 am   Post subject:   

are there other places you can borrow money from

collateral assignments besides a bank


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Donna Brown
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PostPosted: Mon Jun 29, 2015 1:46 pm   Post subject:   

anyone with money



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PostPosted: Sat Dec 19, 2015 12:10 am   Post subject: Term life insurance  

Is there any one in mass or nh banks or credit unions that give collateral loans on policy?


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Darrin
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PostPosted: Fri Dec 16, 2016 4:11 pm   Post subject:   

I have a term life insurance policy that I have had since 2002 and worth $370k. It is good until age 95. I cannot find anyone to make a loan with the policy as collateral. Any suggestions?


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ann adler
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PostPosted: Sun Apr 30, 2017 7:01 am   Post subject:   

You might investigate a LIFE SETTLEMENT BROKER to sell your policy to.



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MaxHerr
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MaxHerr
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PostPosted: Wed Oct 04, 2017 1:07 pm   Post subject: $100K10year term as collateral  

I only need a small amount for a temporary cash flow crunch of $1,500...Have been unable to obtain a loan from anywhere although all my credit cards are in good standing. I am reluctant to use a settlement option but will consider it if I have no alternative. Please advise


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PostPosted: Tue May 22, 2018 7:20 pm   Post subject: Small loan  

Hello team , I am interested in getting a small loan , I have Primerica and Protective Life. I need to start this process asap , can you tell me , what must I do next .


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PostPosted: Tue Jan 01, 2019 11:56 pm   Post subject: как правильно вести инстаграм  

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PostPosted: Fri Jan 18, 2019 8:58 am   Post subject: проститутки в Озерках  

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