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  2. 7 Risks You’re Taking by Not Having a Bank Account - AOL

    www.aol.com/finance/7-risks-taking-not-having...

    A bank account is the most basic tool of personal finance and all but a ... "Services like payday loans may provide access to needed funds in the short run but at the cost of higher interest fees ...

  3. 6 types of bad credit loans and their uses - AOL

    www.aol.com/finance/6-types-bad-credit-loans...

    Best for. Individuals with poor credit scores who can access this option through their bank or credit union. Car title loans. Car title loans let you borrow between 25 and 50 percent of your ...

  4. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    While interest rates are typically higher than home equity loans — currently averaging 12.33% APR for a 24-month loan but ranging from 6.94% to 35.99% — the approval process is usually faster ...

  5. No income, no asset - Wikipedia

    en.wikipedia.org/wiki/No_Income,_No_Asset

    No income, no asset (NINA) [1] is a term used in the United States mortgage industry to describe one of many documentation types which lenders may allow when underwriting a mortgage. A loan issued under such circumstances may be referred to as a NINA loan or NINJA loan .

  6. No doc loan - Wikipedia

    en.wikipedia.org/wiki/No_doc_loan

    For this reason most no doc loans are for business purposes or are for investment in something other than residential property. Private money is the main source of no doc loans, often with interest rates charged at 2% to 6% per month (24% to 72% p.a.). Non-conforming lenders focus on the lower risk no doc loans and offer more competitive ...

  7. 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 ...

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