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2. 8 types of personal loans and their uses — plus 5 to avoid

   www.aol.com/finance/types-personal-loans-uses...

   Types of loans to use sparingly. Some personal loans have extraordinarily high interest rates and should only be used as a last resort. For borrowers with bad credit or no access to a bank account

3. Common types of installment loans and their best uses - AOL

   www.aol.com/finance/common-types-installment...

   There are five types of mortgages, including fixed-and adjustable-rate options, jumbo loans, government-insured mortgages and conventional loans. Mortgages come in 15- and 30-year options.

4. Loan - Wikipedia

   en.wikipedia.org/wiki/Loan

   In finance, a loan is the transfer of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money ...

5. 6 types of emergency loans and their uses - AOL

   www.aol.com/finance/8-types-emergency-loans...

   Steep interest rates if you have poor credit. Loan origination fees and other fees are up to 12 percent of the loan amount in some cases. Repayment options are shorter than home equity lending ...

6. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   Mortgage. A mortgage loan or simply mortgage (/ ˈmɔːrɡɪdʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

7. What is a mortgage? A definitive guide for aspiring homeowners

   www.aol.com/finance/mortgage-definitive-guide...

   A mortgage is a long-term loan used to buy a house. Mortgages are offered with a variety of loan terms — the length of time to repay the loan — usually between eight and 30 years. Mortgage ...