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  2. List of trust and loan companies in Canada - Wikipedia

    en.wikipedia.org/wiki/List_of_trust_and_loan...

    For much of the 20th century, Canada's trust companies were controlled by the major banks through interlocking directorates. However, revisions to the Bank Act in 1967 forbade individuals from sitting on a bank and trust company board simultaneously; this had been a recommendation in the 1964 Report of the Royal Commission on Banking and ...

  3. Where can I get a bad credit loan? - AOL

    www.aol.com/finance/where-bad-credit-loan...

    Qualifying for a bad credit loan depends on the lender and the type of loan you are applying for. Generally, you will need to have a steady source of income and may need to provide collateral or a ...

  4. The biggest pros and cons of personal loans for bad credit - AOL

    www.aol.com/finance/pros-cons-bad-credit-loans...

    Bad credit loans come with higher interest rates than other types of personal loans. Rates may be similar to those of credit cards , which averaged 20.66 percent in May. But credit card interest ...

  5. 6 types of bad credit loans and their uses - AOL

    www.aol.com/finance/6-types-bad-credit-loans...

    Best for. Individuals with poor credit scores who can access this option through their bank or credit union. Car title loans. Car title loans let you borrow between 25 and 50 percent of your ...

  6. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...

  7. List of banks and credit unions in Canada - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_and_credit...

    Canada has a strong co-operative financial services sector, which consists of credit unions (caisses populaires in Quebec and other French speaking regions). At the end of 2001, Canada's credit union sector consisted of 681 credit unions and 914 caisses populaires, with more than 3,600 locations and 4,100 automated teller machines. [45]

  8. What is a bad credit personal loan? Here’s what to know - AOL

    www.aol.com/finance/bad-credit-loans-know-decide...

    A bad credit personal loan is a loan for borrowers with FICO scores below 580 — though some lenders consider credit scores into the low-600s bad. They can provide funds if you need a loan but ...

  9. Non-performing loan - Wikipedia

    en.wikipedia.org/wiki/Non-performing_loan

    Fostering secondary markets for NPLs that can offer the mechanism and liquidity required to write off bad loans. Many companies see a business opportunity in buying NPL's. Buying NPL's from financial institutions with a discount, can be a lucrative business. Companies pay from 1% to 80% of the total loan and become the legal owner (creditor).

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