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  2. How To Create a Personal Loan Agreement in 5 Steps - AOL

    www.aol.com/finance/create-personal-loan...

    A personal loan agreement is a legally binding document that outlines the terms and conditions of a loan between two parties: the lender and the borrower. Whether you're lending money to a friend,...

  3. Peer-to-peer lending - Wikipedia

    en.wikipedia.org/wiki/Peer-to-peer_lending

    Peer-to-peer lending, also abbreviated as P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional ...

  4. Financial services - Wikipedia

    en.wikipedia.org/wiki/Financial_services

    A financial export is a financial service provided by a domestic firm (regardless of ownership) to a foreign firm or individual. While financial services such as banking, insurance, and investment management are often seen as domestic services, an increasing proportion of financial services are now being handled abroad, in other financial ...

  5. Debt relief - Wikipedia

    en.wikipedia.org/wiki/Debt_relief

    Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and freeing of debt slaves. In World War I the United States Treasury made ...

  6. Subprime lending - Wikipedia

    en.wikipedia.org/wiki/Subprime_lending

    v. t. e. In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty maintaining the repayment schedule. [1] Historically, subprime borrowers were defined as having FICO scores below 600, although this threshold has ...

  7. Consumer Credit Act 1974 - Wikipedia

    en.wikipedia.org/wiki/Consumer_Credit_Act_1974

    The agreement does not have to exceed three months, but the option to do so must be given by one party. [21] An "individual" (i.e., a debtor enjoying the protections of the Act) is defined so as to include unincorporated associations and small partnerships. Lending to a corporation of any sort (including a "corporation sole") is unaffected.

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