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| *Loan,banking and credit>>>credit line |
Line of credit? |
im trying to get a home equity line of credit.but it ask for my liquid assets.but i dont know what that means.can someone please tell me what liquid assets mean. I recommend: 1) Liquid assets are things like cash and investments which you can take out relatively quickly and use it as cash. This includes but is not limited to: balances on checking accounts, savings accoungs, CDs, stock brokerage accounts (stocks, bonds, and mutual funds), retirement accounts, and cash value of life insurance policies. Your house, cars, baseball card collection, jewelry, or other "valuable things" that needs to be sold to a buyer to convert to cash will not qualify as liquid assets. Good luck! Just Be! Money and anything that can be converted quickly into cash. http://economics.about.com/cs/economicsg... liquid = easily accessible or easily converted to cash..(e.g. checking, savings, CD's, etc...) for your purposes, they will also accept cash value life insurance polices, retirement funds (401k, IRA, 403b...etc) vested balance... cash on hand...stocks...bonds...and the like What you can convert to cash, fast. Stocks, bonds, savings etc. Not a good sign, do you have equity in your home? If you have then these questions are not normally asked. Might be setting yourself up for a downfall be careful Hi, I used "Loan Web" to get home equity loans.I got the lowest rate in nation (through my extensive search).It's legitimate.I got approved in just 3 days even with my bad credit score.Check it out here: http://www.jdoqocy.com/click-1813149-102... |
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