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What Happens After a Personal Loan Bankruptcy Discharge?

Sawin & Shea

Unsecured loans don’t have collateral. You can discharge an unsecured loan whether it’s current, delinquent, or in default, even if the original lender sold it to a collection agency or debt buyer. No-credit-check lending, such as payday and title loans, often comes with unreasonable fees and annual percentage rates (APR).

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How to Find the Right Online Personal Loan for You

Credit Corp

When talking about the concept of online personal loans, it’s important to touch on the differences between secured and unsecured loans: Secured loans are those where collateral is put up to secure the loan. For instance, a home would act as collateral in a mortgage or home equity line of credit (HELOC).

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An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It

Debt RR

Bank account garnishment is a collection procedure that is authorized by a court. Common reasons for bank account garnishment in Texas include: Private creditors: These are banks, credit unions, credit card companies, peer-to-peer lenders, hard money loan providers, and other financial institutions.

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Business Credit and Loan Resources for Veterans

The Kaplan Group

Depending on the loan type, you may need to meet some financial qualifications, including: Have a healthy credit score Demonstrate a solid business history (For new businesses) share a detailed business plan Potentially offer up collateral. You must also show that you’re unable to get funds from any other financial institution.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On June 8, the board of governors for the Federal Reserve (the Fed), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), and the OCC requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.

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Business Credit and Loan Resources for Women Entrepreneurs

The Kaplan Group

National Association of Women Business Owners This dues-collecting organization represents women in all industries through chapter groups across the U.S. They don’t directly loan out funds, however; this is done by the financial institution. Can I get a loan with bad credit?

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