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  2. No income, no asset - Wikipedia

    en.wikipedia.org/wiki/No_Income,_No_Asset

    They were especially prominent during the United States housing bubble circa 2003-2007 but have gained wider notoriety due to the subprime mortgage crisis in July/August 2007 as a prime example of poor lending practices. [6] The term grew in usage during the 2008 financial crisis as the sub prime mortgage crisis was blamed on such loans.

  3. Axos vs. Happy Money: Which offers better personal loans? - AOL

    www.aol.com/finance/axos-vs-happy-money-offers...

    Axos Bank is a digital bank that has been around since 2000. The lender operates like most online lenders and offers a completely online experience. It provides unsecured personal loans that can ...

  4. 5-6 moneylending - Wikipedia

    en.wikipedia.org/wiki/5-6_moneylending

    This program offers affordable loans with interest rates considerably lower than those of the 5-6 system, thereby reducing reliance on informal moneylenders. [ 6 ] The Bangko Sentral ng Pilipinas (BSP), the country's central bank , has also engaged in financial literacy programs to educate citizens on the risks of high-interest lending and ...

  5. Advance-fee scam - Wikipedia

    en.wikipedia.org/wiki/Advance-fee_scam

    Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.

  6. Hard money lending: Guide to hard money loans and lenders - AOL

    www.aol.com/finance/hard-money-lending-guide...

    Know how you’ll repay the loan: Since hard money loans have a short repayment term, you need to know how you’ll repay the loan. Compare lenders: Compare offers from multiple lenders.

  7. SoFi vs. LendingClub: Which offers better personal loans? - AOL

    www.aol.com/finance/sofi-vs-lendingclub-offers...

    LendingClub offers loans as small as $1,000, compared to SoFi’s $5,000 minimum. This makes it a better choice if you just need a small cash boost to cover a small expense, such as a car repair ...