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2. What is a signature loan and how does it work? - AOL

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

   Personal loan is a broad term that applies to various types of loans including secured loans, unsecured loans, debt consolidation loans, variable rate loans and more. A signature loan, which does ...

3. Unsecured debt - Wikipedia

   en.wikipedia.org/wiki/Unsecured_debt

   Corporate unsecured debt – Since this type of debt assumes a greater amount of risk, corporations that have lower bond ratings (such as BBB) are classified as unsecured debt due to their higher default risk. [3] Personal loan – A personal loan is a loan which can be taken to meet unspecified financial needs, such as a wedding, travel, or ...

4. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   For an example, the risk of high LTVs can be offset by the presence of a large amount of assets. Low LTVs can offset the fact that the borrower has a high debt to income ratio and excellent credit can overcome the lack of assets. In addition to compensating factors, there is a concept known as layering of risk. For an example, if the property ...

5. Subprime lending - Wikipedia

   en.wikipedia.org/wiki/Subprime_lending

   These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk. [3] During the early to mid-2000s, many subprime loans were packaged into mortgage-backed securities (MBS) and ultimately defaulted , contributing to the financial crisis of 2007–2008 .

6. What is an unsecured loan? - AOL

   www.aol.com/finance/unsecured-loan-204331407.html

   Lenders measure that risk by checking a few factors, so they may ask about the following information when you apply for an unsecured loan (and tailor the loan terms according to your answers ...

7. What is a share-secured loan, and how does it work? - AOL

   www.aol.com/finance/share-secured-loan-does...

   Because they offer insignificant risk to lenders, share-secured loans typically come with low fixed interest rates. As an example, as of March 2024 Industrial Federal Credit Union charges a ...

8. 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]

9. Emergency and payday loan alternatives - AOL

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

   The fees and interest rates on payday loans are sky-high. For example, the average personal loan rate, as of February 2023, comes out to 12.10 percent , while the average payday loan reaches three ...