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Pay attention to cash flow and assets. Most lenders need you to show a current flow of revenue or capital to get a loan. But some loans look beyond cash flow. Accounts receivable financing lets ...
No-credit-check loans do not require a review of your credit score, which can make them convenient if you have bad credit. But they can be risky and often have extremely high interest rates and ...
A car title loan is secured by the borrower's car, but are available only to borrowers who hold clear title (i.e., no other loans) to a vehicle. The maximum amount of the loan is some fraction of the resale value of the car. A similar credit facility seen in the UK is a logbook loan secured against a car's logbook, which the lender retains. [100]
The application for a payroll loan is easier to complete if you have the right documents, especially if you’re going for an alternative loan with a fast approval promise. To get approved for a ...
No income, no asset (NINA) [1] is a term used in the United States mortgage industry to describe one of many documentation types which lenders may allow when underwriting a mortgage. A loan issued under such circumstances may be referred to as a NINA loan or NINJA loan .
A loan with few to no documentation or credit history requirements is easier to qualify for, but generally carries a significantly higher interest rate. [2] The term came to prominence during the 2007-2008 financial crisis when up to one-third of all new mortgages issued were no-doc or low-doc loans. [3]
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