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collateral assignments on my whole life insurance polices
Then you could just stop paying premiums, making the policy void. the payments are made by my mother automatically,and at 21 I automatically took control over it even if I didn't want to,but she still make the payments. Ok. Then you would tell your mother to stop making the payments... Stop being dense. You will not get a loan here unless you put up collateral. Thats the only thing I have that could possibly equal out to the amount I want.I know its a long shot,if I cant get a loan for that amount Its cool.Ill just figure out something.What form of collateral would be needed for a 0.014btc loan or something smaller so I can start building my trust.
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collateral assignments on my whole life insurance polices
Then you could just stop paying premiums, making the policy void. the payments are made by my mother automatically,and at 21 I automatically took control over it even if I didn't want to,but she still make the payments.
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1. Why can't you liquidate your life insurance policies? If the situations are much worse, you can in cash the policies, right? 2. How would a lender benefit from a life insurance policy as collateral? He can't liquidate that either. You can easily ditch the policy and start a new one maybe? 3. I don't think any lender here accepts that kind of stuff for lending cryptos. 4. Your best bet is still the banks.
1.The cash value of them isn't enough to solve my situation,and also isn't worth surrendering them for that value. 2.The lender would benefit because repayment would be guaranteed as I don't want to lose them,and if I do default which wont happen,the collateral assignment paperwork,will give you authority over them.The risk on your part would be money,but the reward would be repayment asap,and at worse,you know one day you will have $15,000 coming to you,could be anyday. .These polices were started by my mother years ago and are being paid for by her.Thats why I wouldn't surrender them also,just in case.That would be some money to repay her for over the years.I just need a loan to solve some problems,and get my mind right for the Army.I tried the banks but my credit is to low(one problem) and none of my family will do that for me. 3.I need USD but can do either. 4.Tried,all banks.
I just need to get out a hole Ive been in for a while,and recently gotten too deep.
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collateral assignments on my whole life insurance polices
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Needing an urgent loan either in USD or bitcoin.The only thing I have for collateral is my two whole life insurance policies,but the bank wouldn't lend because of the account value isn't enough.Im asking for $3000 or somewhere around that based of my situation.The policies are worth around $15,000 total but only in the case I die.The only way that would be worth something to someone if do a collateral assignment,and if I default on repayment(which won't happen) they would be the only person to receive the pay out.Both have accidental death riders.If somebody is willing to work with me,I won't let them down.And will pay back either in fiat or btc by April.I won't go into detail to why I need the loan,but if someone is serious about hearing me out I will apricate it.Its a longshot but Im out of options and would like to solve my problems sooner than later,and a loan is the only way possible.
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