Priority Credit Line Meet Today’s Financing Needs While .
Priority Credit LineMeet today’s financingneeds while preparingfor the future
Use your Priority Credit Line to Fund home improvements Consolidate higher-interest debt Finance a business Establish an emergency fund Pay a tax bill Or whatever need is a priority for you
Access cash withoutselling assetsAs a savvy investor, you know that managingboth sides of your balance sheet is an importantaspect of your financial success. Planning forborrowing needs in the context of your largerfinancial picture and using credit responsiblymay help you increase your financial flexibilitywhile keeping your financial goals intact. Andthat’s where a Wells Fargo Advisors PriorityCredit Line may come in handy.The Priority Credit Line is a line of creditbacked by the value of eligible securities in yourWells Fargo Advisors accounts. This liquiditytool is designed to help you meet personal orbusiness cash-flow needs. It offers an alternativeto premature liquidation of assets, deferringpotential capital gains taxes. A Priority CreditLine does not charge origination, non-usage, ortermination fees or require monthly payments.
Enjoy the benefitsuuuuuuu Priority Credit Line can be used forApractically any purpose other than purchasingor trading securities or paying off a marginaccount. redit and background checks are not requiredCto establish a Priority Credit Line since the lineis supported by your eligible assets. ou’ll enjoy a streamlined account-openingYprocess and have easy access to funds viaaccess checks and online banking. Priority Credit Line allows you to pledgeAassets for your personal and businessborrowing needs. ou can stay invested in the market whileYleveraging your securities for liquidity. he line’s competitive interest rates areTgenerally lower than credit cards or otherforms of borrowing. ou may also be eligible for relationshipYpricing discounts based on your relationshipwith Wells Fargo Advisors.
Carefully consider whether securitiesbased borrowing is right for youSecurities-based borrowing has special risksand is not suitable for all investors. If the marketvalue of pledged securities declines belowrequired levels, you may be required to pay downyour line of credit or pledge additional eligiblesecurities in order to maintain it; otherwise thefirm may require the sale of some or all of thepledged securities. The sale of pledged securitiesmay cause adverse tax consequences.*The risks of securities-based borrowing include: Market fluctuations that may cause thevalue of pledged assets to decline A decline in the value of your securitiesthat could result in selling your securitiesto maintain equity Adverse tax consequences as a resultof selling securities** Wells Fargo Advisors and its affiliates are not tax orlegal advisors.
Why choose Wells Fargo Advisors?Wells Fargo Advisors is known and respectedfor responsible stewardship of its clients’ assets.Your Financial Advisor can help you take anobjective look at your full financial picture, whichincludes your borrowing and liquidity needs. Heor she will take the time to explore products thatmay help meet your current and future needs.Call your Financial Advisor today to learnhow a Priority Credit Line can help meet yourliquidity needs.Securities-based lending has special risks and is not suitable for everyone. If the market valueof a client’s pledged securities declines below required levels, the client may be required topay down his or her line of credit or pledge additional eligible securities in order to maintainit, or the lender may require the sale of some or all of the client’s pledged securities.Wells Fargo Advisors will attempt to notify clients of maintenance calls but is not required todo so. Clients are not entitled to choose which securities in their accounts are sold. The sale oftheir pledged securities may cause clients to suffer adverse tax consequences. Clients shoulddiscuss the tax implications of pledging securities as collateral with their tax advisors. WellsFargo Advisors and its affiliates are not tax or legal advisors. All securities and accounts aresubject to eligibility requirements. Clients should read all lines of credit documents carefully.The proceeds from securities-based lines of credit may not be used to purchase additionalsecurities, pay down margin, or for insurance products offered by Wells Fargo and any of itsaffiliates. Securities held in a retirement account cannot be used as collateral to obtain a loan.Securities purchased in the pledge account must meet collateral eligibility requirements.0416-059000000591620 (Rev 04, 1 ea)91850-v4BDCInvestment and Insurance Products: u NOT FDIC Insured u NO Bank Guarantee u MAY Lose ValuePriority Credit Line is offered by Wells Fargo Advisors and lending and margin accounts arecarried by Wells Fargo Clearing Services, LLC (WFCS). Wells Fargo Advisors is a trade nameused by WFCS and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separateregistered broker-dealers and non-bank affiliates of Wells Fargo & Company. 2013-2016 Wells Fargo Clearing Services, LLC. All rights reserved.
Priority Credit Line is offered by Wells Fargo Advisors and lending and margin accounts are carried by Wells Fargo Clearing Services, LLC (WFCS). Wells Fargo Advisors is a trade name used by WFCS and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank
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required to have the Credit Card Credit permission to access the Apply Credit Card Credit. The patient transactions that appear in the Credit Card Credit page are limited to charges with a credit card payment. This can be any credit card payment type, not just Auto CC. To apply a credit card credit: 1.
A line of credit can be easily accessed by writing a check or having a wire transfer executed. The alternatives available vary depending on the type of line of credit. How long will my line of credit be open? Your line of credit's term depends on the type of credit line you have (see page ). If you choose a line of credit that has a set .
What you need to know about Credit Suisse credit cards You can use your Credit Suisse credit card to obtain goods and services without cash in Switzerland and abroad, and make payments at a later date. Credit Suisse offers a variety of credit cards that allow you to pay conveniently and securely anywhere in the world. Credit Suisse credit cards .
What is Credit Building? And what it's not CREDIT BUILDING The act of making on-time regular payments on a financial product such as an installment loan or a credit card that is reported by the creditor to the major credit bureaus. CREDIT BUILDING Credit repair CREDIT BUILDING Credit remediation/debt management alone CREDIT BUILDING .
5 What Are Lines And Stanzas? Line A line is pretty self-explanatory. Line A line of a poem is when it jumps Line To a new, well, line, Line Like this! Line Sometimes a line is a complete sentence. Line But it doesn’t Line Have to be! Line A stanza is kind of like a paragraph. Line Stanzas are made up of lines. Line This “stanza” has five lines.
A home equity line of credit — also known as a HELOC — is a revolving line of credit, much like a credit card. You can borrow as much as you need, any time you need it, by writing a check or using a credit card connected to the account. You may not exceed your credit limit. Because a HELOC is a line of credit, you make payments only on the .
CHAPTER 2 Analyzing Transactions PE 2-1A 1. Debit and credit entries (c), normal debit balance 2. Credit entries only (b), normal credit balance 3. Credit entries only (b), normal credit balance 4. Debit entries only (a), normal debit balance 5. Credit entries only (b), normal credit balance 6. Debit and credit entries (c), normal credit balance
