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  2. What documentation is required for personal loans? - AOL

    www.aol.com/finance/documentation-required...

    When you apply for a personal loan, lenders request several documents to verify your personal and financial information before they approve your request. Some lenders set unique application and ...

  3. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  4. How to get a small dollar loan: 3 steps to find one and apply

    www.aol.com/finance/small-dollar-loan-3-steps...

    Small dollar loans can be a great alternative to emergency loans, such as payday loans. That’s because they feature significantly lower rates, a more reasonable repayment term and quick funding.

  5. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .

  6. Proof of funds - Wikipedia

    en.wikipedia.org/wiki/Proof_of_Funds

    A POF is commonly used when commencing a commercial transactions between parties who do not know each other. The purchaser's bank produces evidence in a standard format that their client is good for a transaction up to the value of xx, based on yy item etc. Usually, such letters have to be produced/verified/confirmed by a class A international bank, as local banks may not have the status ...

  7. 3 steps to choosing a small dollar loan & 3 alternatives

    www.aol.com/finance/3-steps-choosing-small...

    According to a Pew study of small loan lending, most major banks offer maximum loan amount options of $500, $750 and $1,000, with minimum loan sizes of $10 to $250. Credit unions and community ...

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