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The loan payout is tax-free, for example, unless you invest the money elsewhere, Ms. Williams said.
Wait for your policy loan payout to arrive.
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And the loans carry fairly high closing costs, so if you were to move out within a few years of the loan, the payout would most likely not be worth the initial expense.
In the Philippines for example, recent Playfair 2012 research found 50% of workers making Adidas Olympic-branded gear have to rely on loan shark payouts, while in China many workers can only afford to live in cramped dorms far from their families".
On executive pay, we've seen stories of companies forgiving loans and payouts for failures.
Over the nearly 10-year period analyzed by Reuters, Bain helped arrange, or was one of the firms involved in, at least 12 bank-loan financed payouts worth nearly $11.9 billion.
But before accounting for any asset write-downs, bad loans or dividend payout savings, the extra capital would push HSBC's Tier 1 capital ratio close to 10percentt and provide a nice cushion against rising defaults, worsening unemployment and falling economic growth.
Trepp reports that will wipe out some classes of two securitizations that owned the loans, and provide payouts for others.
With the program's slow disbursement of $7.5 billion allocated by Washington, thousands of homeowners have been left to their own resources, like personal savings, loans and insurance payouts, to cope with rebuilding.
Thank the increasingly popular trick known as dividend recapitalization, in which operating companies take on big loans to make payouts to their private-equity owners.
Congress set up the Air Transportation Stabilization Board to administer a $10 billion loan guarantee program and cash payouts totaling $5 billion that were immediately given to the airlines.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com