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  2. The best ways to borrow money - AOL

    www.aol.com/finance/best-ways-borrow-money...

    Personal loans, credit cards and lines of credit are typically easier for anyone to qualify for. Other ways to borrow money, like a 401(k) loan or through a public agency, may require you to meet ...

  3. Emergency and payday loan alternatives - AOL

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

    High risk of default. ... 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 ...

  4. 10 alternatives to personal loans and who they’re for - AOL

    www.aol.com/finance/alternatives-personal-loans...

    1. Credit cards. People often choose credit cards over personal loans because of the payment flexibility they offer. You can use as much or little of your available credit as you want, versus ...

  5. Peer-to-peer lending - Wikipedia

    en.wikipedia.org/wiki/Peer-to-peer_lending

    Launched in 2007, the company Trustbuddy AB was first out on the Swedish market for peer-to-peer-lending, providing a platform for high risk personal loans between 500SEK and 10,000SEK. Trustbuddy filed for bankruptcy by October 2015, a new board cited abuses by outgoing leadership. [71]

  6. Prosper Marketplace - Wikipedia

    en.wikipedia.org/wiki/Prosper_Marketplace

    Prosper verifies borrowers' identities and select personal data before funding loans [2] and manages all stages of loan servicing. Prosper's unsecured personal loans are fully amortized over a period of three or five years, with no pre-payment penalties. Prosper generates revenue by collecting a one-time fee on funded loans from borrowers and ...

  7. 8 types of personal loans and their uses — plus 5 to avoid

    www.aol.com/finance/types-personal-loans-uses...

    Personal loans can be a good way to cover one-time expenses or consolidate debt. ... But you risk high fees — or even losing your car — if you miss any payments. The bottom line.

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