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  2. Stated income loan - Wikipedia

    en.wikipedia.org/wiki/Stated_income_loan

    A stated income loan is a mortgage where the lender does not verify the borrower's income by looking at their pay stubs, W-2 (employee income) forms, income tax returns, or other records. Instead, borrowers are simply asked to state their income, and taken at their word. These loans are sometimes called liar loans or liar's loans. [1]

  3. Documents you’ll need to apply for an unsecured business loan

    www.aol.com/finance/documents-ll-apply-unsecured...

    Bankrate insight. Banks often have stricter loan requirements than alternative lenders who operate exclusively online. You may need more documents to apply for an unsecured bank loan than you ...

  4. What documents are required to apply for an LLC loan? - AOL

    www.aol.com/finance/documents-required-apply-llc...

    As a result, these loans typically require additional documentation not required with conventional loans, including SBA-issued forms. In addition to the documents needed for LLC loans that we’ve ...

  5. No-doc mortgage: What is it and can you still get one? - AOL

    www.aol.com/finance/no-doc-mortgage-still-one...

    No-doc mortgage loans come in different forms, and the best no-doc mortgage lenders each have their own requirements for this type of financing. To give you a broad overview of how your no-doc ...

  6. Payday loans in the United States - Wikipedia

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

    Once a loan is repaid, under the new law, the borrower must wait 10 days before obtaining another payday loan. The law allows the term of a loan to run from 14 to 35 days, with the fees capped at $15.50 for each $100 borrowed [27] 58-15-33 NMSA 1978. There is also a 50-cent administrative fee to cover costs of lenders verifying whether a ...

  7. 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 27 December 2024. 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 ...

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