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This organization is not BBB accredited. Financial Services in San Francisco, CA. See BBB rating, reviews, complaints, & more.
Schwab offers a line of credit against the stocks/bonds/cash you have in your brokerage account. Does anyone have experience with this ? When reading about it on their website, they charge an interest rate (which varies depending on collateral) plus a 1 month LIBOR.
This organization is not BBB accredited. Investment Security in New York, NY. See BBB rating, reviews, complaints, & more.
Schwab Bank's Pledged Asset Line is an uncommitted, revolving non-purpose flexible line of credit secured by assets held in a separate Pledged Account maintained by Charles Schwab & Co., Inc. ("Schwab").
A Pledged Asset Line from Charles Schwab Bank, SSB ("Schwab Bank") is a non-purpose line of credit that allows you to borrow against the non-retirement assets in your portfolio—without having to liquidate your investments.
8 Μαρ 2024 · Learn about borrowing against your investment portfolio with Schwab Bank's Pledged Asset Line. In both cases, you can tap the line of credit as often as you wish during the draw period, paying interest only on the amount you borrow. "Just be sure to create a plan to pay down the new debt," Rob says.
2 Μαΐ 2024 · 212 complaints closed in the last 12 months. View customer complaints of Charles Schwab Corporation, BBB helps resolve disputes with the services or products a business provides.