Save money while you protect your nest egg with a share secured loan. When you pledge your savings as collateral, your loan rate is just 2% above the annual percentage rate your shares are currently earning. Various terms are available. You can apply for a share secured loan online or with a simple phone call, and no credit check is required. Your funds will be available in just a few hours.
When you pledge your shares as collateral, your share account is secured for the balance of the loan plus 1 monthly payment if the loan is on a cash payment basis. If the loan is set up on automatic payment transfer, your share account is secured for the balance of the loan plus 2 monthly payments.
