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  2. Emergency and payday loan alternatives - AOL

    www.aol.com/finance/emergency-payday-loan...

    Some lenders work with individuals with bad credit, although the rates are often higher (up to 35.99 percent), but still not as high as payday loan rates. Lightbulb Bankrate insider tips

  3. Subprime crisis background information - Wikipedia

    en.wikipedia.org/wiki/Subprime_crisis_background...

    Such loans have a higher risk of default than loans to prime borrowers." [1] If a borrower is delinquent in making timely mortgage payments to the loan servicer (a bank or other financial firm), the lender may take possession of the property, in a process called foreclosure.

  4. No income, no asset - Wikipedia

    en.wikipedia.org/wiki/No_Income,_No_Asset

    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 .

  5. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    Research indicates only 6% of high-cost loans—a proxy for subprime loans—had any connection to the law. Loans made by CRA-regulated lenders in the neighborhoods in which they were required to lend were half as likely to default as similar loans made in the same neighborhoods by independent mortgage originators not subject to the law." [1]

  6. No-credit-check loans: What are they and how do they work? - AOL

    www.aol.com/finance/no-credit-check-loans...

    No-credit-check loans are offered by a variety of lenders, some of which may be less reputable, making it important to do your research. Look at the interest rates charged by each lender.

  7. Hard money lending: Guide to hard money loans and lenders - AOL

    www.aol.com/finance/hard-money-lending-guide...

    Similar to payday lenders: Like payday lenders offering personal loans, hard money lenders have little oversight or regulation to adhere to, says Bruce Ailion, a real estate attorney and Realtor ...

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