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  2. Car Repossessions on the Rise — Are You in Danger of ... - AOL

    www.aol.com/finance/car-repossessions-rise...

    The new car loan rate for September was 7.4% compared to the average rate of 6.9% at the beginning of 2023. ... it was reported that Wells Fargo Auto is giving repossession agencies an extra $500 ...

  3. Where can I get an equipment loan? - AOL

    www.aol.com/finance/where-equipment-loan...

    Express approvals for loans under $250,000. Wells Fargo. From $100,000. 12 to 84 months, depending on equipment type. Up to 100% financing. ... What credit score is needed for an equipment loan?

  4. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    A personal loan calculator allows you to compare the payments on a variety of loan terms to figure out which one is the best fit for your budget. This is important because personal loan interest ...

  5. Pros and cons of equipment loans - AOL

    www.aol.com/finance/pros-cons-equipment-loans...

    Equipment loans are a common type of loan that you can get from many banks or lenders. It tends to offer lenient eligibility requirements, making them easy to obtain, even if your business is a ...

  6. Asset-based lending - Wikipedia

    en.wikipedia.org/wiki/Asset-based_lending

    Asset-based loans are also usually accompanied by lower interest rates, as in the event of a default the lender can recoup its investment by seizing and liquidating the assets tied to the loan. [2] Many financial services companies now use asset-based lending package of structured and leveraged financial services.

  7. What is an equipment loan and how does it work? - AOL

    www.aol.com/finance/equipment-loan-does...

    Bankrate insight. Equipment loans can offer quick financing and don’t require extra collateral. But consider all the pros and cons of equipment financing to help you decide if this loan is right ...

  8. Collateral protection insurance - Wikipedia

    en.wikipedia.org/wiki/Collateral_protection...

    Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

  9. Mortgage servicer - Wikipedia

    en.wikipedia.org/wiki/Mortgage_servicer

    A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]

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