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  2. What is an unsecured loan? - AOL

    www.aol.com/finance/unsecured-loan-204331407.html

    Personal loan interest rates are typically lower than credit card rates. Loan amount: Around $1,000 to $50,000 Average interest rate: 12.38 percent (as of July 31, 2024)

  3. Personal loan alternatives for bad-credit borrowers - AOL

    www.aol.com/finance/alternatives-bad-credit...

    While the average personal loan requires a credit score between 610 and 640, peer-to-peer loans may offer loans as low as 600. Funding times are often similar to what personal loan lenders offer.

  4. 7 Best Loan Apps of March 2024 - AOL

    www.aol.com/finance/7-best-loan-apps-march...

    App. Maximum loan amount. Time to funding. Fees. Google Play rating. App Store rating. Albert. Up to $250. Instantly for a fee; 3-6 days free of charge. Instant cash advance fee

  5. 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 ...

  6. Microfinance - Wikipedia

    en.wikipedia.org/wiki/Microfinance

    Offering loans at interest and fee rates of 37% mean that borrowers who do not manage to earn at least a 37% rate of return may actually end up poorer as a result of accepting the loans. Example of a loan contract, using flat rate calculation, from rural Cambodia. Loan is for 400,000 riels at 4% flat (16,000 riels) interest per month.

  7. What is an unsecured business loan and how does it work? - AOL

    www.aol.com/finance/unsecured-business-loan-does...

    Because unsecured loans have no collateral, the lender takes on more risk when lending money to businesses. ... businesses with good personal credit may secure lower rates falling between 8.00 ...

  8. E-Loan - Wikipedia

    en.wikipedia.org/wiki/E-Loan

    Former E-Loan headquarters in Pleasanton, California. E-Loan was founded by Janina Pawlowski and Christopher Larsen in 1997. Former co-workers at a California-based mortgage lender, [4] Pawlowski and Larsen had disagreed with their supervisor's on-the-job demands and decided to build their own mortgage business together.

  9. Pros and cons of unsecured business loans - AOL

    www.aol.com/finance/pros-cons-unsecured-business...

    SBA loans: Backed by the U.S. Small Business Administration and available from a variety of lenders, they have a set maximum interest rates, making them accessible to many small businesses.

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