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What is a recourse loan?
Bankrate via Yahoo Finance· 11 months agoFor lenders, minimizing risk is the name of the game. That’s why bigger loans have strict requirements and why only the most reliable borrowers get the...
Personal Loans Are Unsecured. Here's What That Means for You as a Borrower
Motley Fool· 8 months agoImage source: Getty Images U.S. personal loan balances have been growing. As of the first quarter of...
What is collateral for a mortgage, and how does it work?
Bankrate via Yahoo Finance· 6 months agoKey takeaways Collateral is something that backs — or secures — a loan. It makes the loan less...
What is a deed of trust?
Bankrate via Yahoo Finance· 1 year agoSarah-Jane Joel/Getty Images The term “mortgage” is used whenever a person buys a home with a loan, but it’s not always the right terminology. Some...
How much will a short-term business loan cost?
Bankrate via Yahoo Finance· 6 months agoKey takeaways Short-term business loans can be a helpful tool for businesses facing unexpected obstacles or experiencing rapid growth Interest rates for...
When Companies Ask for Your Social Security Number, Try Saying No
The Wall Street Journal· 2 hours agoJOURNAL REPORTS: TECHNOLOGY It seems like every time we have to fill in a form, we get asked for...
How to recover if you defaulted on your student loans
Fortune via Yahoo Finance· 1 year agoUnexpected financial hardship or job loss can have a variety of ramifications, particularly when it...
Personal loans vs. home equity loans: Which is right for you?
Bankrate via Yahoo Finance· 3 months agoKey takeaways Personal loans and home equity loans can provide a much-needed source of funding if...
What is unsecured debt?
Bankrate via Yahoo Finance· 6 months agoKey takeaways Unsecured debt doesn't require collateral, such as a vehicle or a home, to get approved for it. Because unsecured debt doesn't have assets...
Hard money lending: Guide to hard money loans and lenders
Bankrate via Yahoo Finance· 4 months agoKey takeaways Hard money loans are secured, short-term loans often used to finance a home purchase....