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  2. How to spot debt collection scams: 8 signs to watch out for

    www.aol.com/finance/spot-debt-collection-scams-6...

    Stay informed about your legitimate debts. Monitor your credit report , regularly review it for accuracy and report any discrepancies immediately. Staying ahead of scams is the best way to avoid them.

  3. Should you use your home equity to pay off high-interest debt?

    www.aol.com/finance/home-equity-loan-pay-off...

    Some lenders charge an “early closure” fee ranging up to 5% of your total loan amount if you pay off what you owe within the first three years. 📌 Dig deeper: Fact vs. fiction: Top home ...

  4. Debt snowball vs. debt avalanche method: Which payoff ... - AOL

    www.aol.com/finance/debt-snowball-vs-debt...

    Say you’re paying off a credit card, a personal loan and a car loan and have $100 to put toward an extra payment. They all have a similar balance, but because they’re different products, the ...

  5. Payday loans in the United States - Wikipedia

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

    About 60% of borrowers pay off their loans within two weeks of the days they predict. [46] When interest rates on payday loans were capped to 150% in Oregon, causing a mass exit from the industry and preventing borrowers from taking out payday loans, there was a negative effect with bank overdrafts, late bills, and employment.

  6. Predatory lending - Wikipedia

    en.wikipedia.org/wiki/Predatory_lending

    Predatory lending refers to unethical practices conducted by lending organizations during a loan origination process that are unfair, deceptive, or fraudulent. While there are no internationally agreed legal definitions for predatory lending, a 2006 audit report from the office of inspector general of the US Federal Deposit Insurance Corporation (FDIC) broadly defines predatory lending as ...

  7. 12 Best Installment Loans To Rebuild Your Credit - AOL

    www.aol.com/12-best-installment-loans-rebuild...

    As for its personal loan products, LendingClub offers installment loans for up to $40,000, with terms of three to five years and an APR of 9.57% up to 35.99%. Origination fees may range from 3% to 8%.

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