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2. Rotating savings and credit association - Wikipedia

   en.wikipedia.org/wiki/Rotating_savings_and...

   Unlike informal ASCAs, these use a triple-locked box to secure the funds, have standardized election procedures and maintain a careful separation of various duties, such as record-keeping, money-counting, meeting facilitation etc. Interest rates on loans typically vary from 5–10% a month, while cycle-end pay-outs in most groups is 30–60% of ...

3. Armed Forces and Police Savings & Loan Association, Inc.

   en.wikipedia.org/wiki/Armed_Forces_and_Police...

   [12] Facade in BGC. Personal loans made to military personnel and police officers are repaid by automatic deductions from their paychecks. In recognition of the hardship caused by the COVID-19 pandemic, the Philippine National Police ordered a 30-day moratorium on automatic repayments for the month of April 2020. [13]

4. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   Once the Borrower(s) receives the two letters providing a time period to reinstate or pay off their loan the lender must wait until that time expires in to take further action. When the 10 or 30 days have passed that means that the acceleration has expired and the Lender can move forward with foreclosing on the property.

5. Maya (mobile payments) - Wikipedia

   en.wikipedia.org/wiki/Maya_(mobile_payments)

   Maya Wallet, powered by Maya Philippines, Inc. and commonly still referred to as PayMaya, allows money transfers between Maya users; send money to other local and international banks; pay recurring bills; purchase mobile and gaming prepaid credits; pay offline merchants by scanning unique QR codes; checkout from online stores using virtual or physical cards; and get insurance coverage for e ...

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. Installment loan - Wikipedia

   en.wikipedia.org/wiki/Installment_loan

   An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan.