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  2. Alternatives to personal loans: 7 options & when to avoid them

    www.aol.com/finance/alternatives-personal-loans...

    5. Personal lines of credit. If you don’t need all your funds now or don’t know how much to borrow, a personal line of credit may be a good alternative to a personal loan. Like credit cards ...

  3. The pros and cons of personal loans - AOL

    www.aol.com/finance/pros-cons-personal-loans...

    A personal loan with a single, fixed-rate monthly payment is easier to manage than several credit cards with different interest rates, payment due dates and other variables. Borrowers who qualify ...

  4. The best ways to borrow money - AOL

    www.aol.com/finance/best-ways-borrow-money...

    P2P lending sites like Prosper facilitate loans and act as an alternative to a traditional bank loan. These types of lenders operate online, similar to online lenders, and the application process ...

  5. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    Commons. Portal. v. t. e. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world.

  6. Merchant cash advance - Wikipedia

    en.wikipedia.org/wiki/Merchant_cash_advance

    A merchant cash advance (MCA) was originally structured as a lump sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or debit card sales. [1] The idea originated from Barbara Johnson, who needed funds for her small business franchise. As a result, Barbara, her husband Gary, and Les Falke co-founded ...

  7. Cash out refinancing - Wikipedia

    en.wikipedia.org/wiki/Cash_out_refinancing

    The difference between cashout refinancing and a home equity loan are as follows: A home equity loan is a separate loan on top of a first mortgage. A cash-out refinance is a replacement of a first mortgage. The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan.

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