With a share loan, you are pledging, dollar for dollar, the amount of the loan. As the balance on the loan amount decreases, an equivalent amount is released in your Share Savings Account and is then accessible for withdrawal.
ADVANTAGES? There are many advantages to a share loan, such as your loan will be approved and disbursed in a matter of minutes, you will have a lower loan rate, and greater financial flexibility. Since you are not depleting your savings, your pledged shares continue to earn you dividends. A share loan is a great way to put your money to work for you!
