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2. Payday loans in the United Kingdom - Wikipedia

   en.wikipedia.org/wiki/Payday_loans_in_the_United...

   Payday loans in the United Kingdom are typically small value (up to £1500) and for short periods. Payday loans are often used as a term by members of the public (and commentators) generically to refer to all forms of High-cost Short-term credit (HCSTC) including instalment loans, e.g. 3-9 month products, rather than just loans provided until the next pay day.

3. London Mutual Credit Union - Wikipedia

   en.wikipedia.org/wiki/London_Mutual_Credit_Union

   In the 12-month pilot, 2,923 short-term loans with a value of £687,757 were provided to 1,219 different borrowers. Under the scheme, borrowers could take out a payday loan or spread out repayment over a longer period. 29% of applicants repaid their loan in one month, while 59% of applicants opted to repay their loan over three months.

4. Payday loan - Wikipedia

   en.wikipedia.org/wiki/Payday_loan

   This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...

5. Understanding online marketplace lending - AOL

   www.aol.com/finance/understanding-online...

   Direct lenders vs. online lending networks When working with direct lenders, you submit separate applications to each loan office. In the case of a network, you submit one application to be shared ...

6. Should I get a personal loan? Here are the pros and cons - AOL

   www.aol.com/finance/pros-cons-personal-loans...

   Personal loans can have more strict requirements than other types of funding options. Fewer lenders will be available if you have poor credit or a short financial history. By comparison, if you ...

7. Ocean Finance - Wikipedia

   en.wikipedia.org/wiki/Ocean_Finance

   The firm prospered on the back of rising house prices and the credit boom. By 2002 the firm was a leading player in the UK's secured loan market valued at over £14bn. [3] The firm was bought by US insurance company American International Group (AIG) in 2006 for over £200m. [4] [5] Paul Newey stepped down as chief executive in 2009. [6]