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  2. No doc loan - Wikipedia

    en.wikipedia.org/wiki/No_doc_loan

    For this reason most no doc loans are for business purposes or are for investment in something other than residential property. Private money is the main source of no doc loans, often with interest rates charged at 2% to 6% per month (24% to 72% p.a.). Non-conforming lenders focus on the lower risk no doc loans and offer more competitive ...

  3. Paperless loan - Wikipedia

    en.wikipedia.org/wiki/Paperless_loan

    A paperless loan is a loan that is arranged solely online or over the phone without the borrower having to complete paper forms or signing them physically. Documents may still be required to approve the loan but these are submitted online using scanned or electronic copies.

  4. Microcredit - Wikipedia

    en.wikipedia.org/wiki/Microcredit

    Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, and a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans.

  5. Pros and cons of short-term business loans - AOL

    www.aol.com/finance/pros-cons-short-term...

    On the other hand, online lenders that offer short-term small business loans have looser requirements. You can often qualify if you’ve been in business for a year and bring in at least $100,000 ...

  6. Types of unsecured business loans - AOL

    www.aol.com/finance/types-unsecured-business...

    SBA loans are term loans or lines of credit backed by the U.S. Small Business Administration. If you default on the loan, the SBA guarantees repayment to the lender up to a certain percentage.

  7. Types of small business loans offered at banks - AOL

    www.aol.com/finance/types-small-business-loans...

    The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll, expansion and ...

  8. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  9. Free tool allows job seekers to find companies that pay ...

    www.aol.com/finance/free-tool-allows-job-seekers...

    A new free tool from Goodly allows job-seeking student debtors to find companies that would help pay off their student loans.

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