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Mr. Kerry has borrowed against it in the past.
Millions more exuberantly borrowed against the value of their homes.
I have another good friend who borrowed against his house to pay for a therapist.
Debtors who borrowed against these assets must then tighten their belts.
But he said he borrowed against the policy for a down payment on a home.
After Mexico borrowed against oil revenues, it defaulted on its foreign debt.
Homeowners have borrowed against their paper wealth and spent it, fuelling economic growth.
Imagine what we could have done with that money if we had borrowed against it.
His father borrowed against his life insurance for Mr. Giraldi to go to Pratt Institute.
You also have a lot of people who borrowed against those inflated prices".
They treated paper gains as real and even borrowed against them.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com