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  2. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    The takeaway. Depending on the situation, it may be possible to buy a house with bad credit. But you should be prepared to jump through more hoops during the mortgage application process and pay a ...

  3. Debt buyer (United States) - Wikipedia

    en.wikipedia.org/wiki/Debt_buyer_(United_States)

    A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...

  4. Secured vs. unsecured debt: What’s the difference? - AOL

    www.aol.com/finance/secured-vs-unsecured-debt...

    Secured debt is debt that is backed by an asset, like a car or a house. Should you default on the loan or debt repayment, the creditor can seize this asset instead of opening a debt collection on ...

  5. Real Estate 2023: Should You Buy a House If You Have Debt? - AOL

    www.aol.com/finance/real-estate-2023-buy-house...

    You want to buy a house, but you're in debt. Since this is likely the biggest purchase you'll ever make, you're trying to decide whether buying a property right now makes sense financially.

  6. Subprime lending - Wikipedia

    en.wikipedia.org/wiki/Subprime_lending

    In the United States the amount of student loan debt surpassed credit card debt, hitting the $1 (~$1.00 in 2023) trillion mark in 2012. [8] [9] However, that $1 trillion rapidly grew by 50% to $1.5 trillion as of 2018. [10] [11] In other countries such loans are underwritten by governments or sponsors. Many student loans are structured in ...

  7. Secured loan - Wikipedia

    en.wikipedia.org/wiki/Secured_loan

    A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults , the creditor takes possession of the asset used as collateral and may ...

  8. Buying a Home: Good or Bad for Your Credit? - AOL

    www.aol.com/news/2013-01-22-buying-home-credit.html

    By Shannon McNay When it comes to debt, we each tend to think of different types of debt in different ways. For example, you may feel "normal" for having an auto loan but ashamed of having credit ...

  9. Securitization - Wikipedia

    en.wikipedia.org/wiki/Securitization

    Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans, or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt ...

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