To ensure the loan is repaid, the borrower must put up collateral equal to or exceeding the amount borrowed—usually cash, Treasuries, or a Letter of Credit. Collateral for fully paid loans is posted and held in a custodial account during the life of the loan to protect the lender. When ...
Understand the implications of cashing out retirement savings to pay off debt. Rachel Hartman, Tracy Stewart and Katy MarquardtMarch 20, 2025 Retirement 9 Jobs That Still Offer Traditional Pensions If you want guaranteed income from your employer in retirement, consider one of these jobs. Maryalene...