3 ms·
When using stock as collateral for a loan, it's not uncommon to get a loan for 30% of the value of the stock. Certainly not 100%. In this case, MS has offered
by HWR_14 5y ago
When using stock as collateral for a loan, it's not uncommon to get a loan for 30% of the value of the stock. Certainly not 100%.
In this case, MS has offered him a loan for 20% of the value of his stock.
- tekknik 5y agoYou can still sell the rest of the stock and cover a majority of the loan. I still fail to see why you need way more money than the loan amount to pay it off.