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  2. How to consolidate debt without hurting your credit

    www.aol.com/finance/consolidate-debt-without...

    You’re not alone if you’re carrying large amounts of debt across multiple credit cards and loans. According to the Federal Reserve Bank of New York , total household debt reached $17.5 ...

  3. What is a bad credit business loan and how it works - AOL

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

    What credit score do I need to get a business loanThough requirements vary from lender to lender, you’ll generally need a score of at least 500 to get a bad credit business loan.

  4. Home equity loan vs. home improvement loan: Which is better ...

    www.aol.com/finance/home-equity-loan-vs-home...

    If you have fair or bad credit, you’ll likely pay an origination fee of 1% to 10% of your loan amount — that's $500 to $5,000 on a $50,000 loan. Impact on property taxes.

  5. Debtor-in-possession financing - Wikipedia

    en.wikipedia.org/wiki/Debtor-in-possession_financing

    The willingness of governments to allow lenders to place debtor-in-possession financing claims ahead of an insolvent company's existing debt varies; US bankruptcy law expressly allows this [8] while French law had long treated the practice as soutien abusif, requiring employees and state interests be paid first even if the end result was liquidation instead of corporate restructuring.

  6. Payday loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Payday_loans_in_the_United...

    Once a loan is repaid, under the new law, the borrower must wait 10 days before obtaining another payday loan. The law allows the term of a loan to run from 14 to 35 days, with the fees capped at $15.50 for each $100 borrowed [27] 58-15-33 NMSA 1978. There is also a 50-cent administrative fee to cover costs of lenders verifying whether a ...

  7. Nonrecourse debt - Wikipedia

    en.wikipedia.org/wiki/Nonrecourse_debt

    Recourse debt or recourse loan is a debt that is backed by both collateral from the debtor, and by personal liability of the debtor. [2] This type of debt allows the lender to collect from the debtor and the debtor's assets in the case of default, in addition to foreclosing on a particular property or asset as with a home loan or auto loan.

  8. Best unsecured credit cards for bad credit - AOL

    www.aol.com/finance/best-unsecured-credit-cards...

    A bad credit score, or any score below 579 on the FICO scale, can put a wrinkle in nearly any financial plan, including if you want to get a credit card.Most credit card issuers require good or ...

  9. Prepayment of loan - Wikipedia

    en.wikipedia.org/wiki/Prepayment_of_loan

    Prepayment is the early repayment of a loan by a ... The new financing may be cheaper because the borrower's credit has improved or because ... 100% PSA = 6.0% CPR ...

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