Online instant approval installment loans

    • [DOC File]Any discussion of “P2P lending” must first acknowledge the ...

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      Online P2P lending is currently a $150 to $200 million industry, and is growing rapidly. ... after which a late fee equal to the greater of 5% of the unpaid installment or $15 is imposed. Prosper borrowers use their loans for a variety of purposes, including debt consolidation (45-50% of Prosper’s loan total), small business (20-25%), home ...

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    • [DOCX File]About Online Lenders Alliance

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      In addition, the median age of borrowers of small dollar single pay loans and installment loans is 41 and 43, respectively. Bretton-Woods, Inc., The State of Online Short-Term Lending: Statistical Analysis Report, at 3 (July 2015). Most borrowers are not young or elderly.

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    • [DOC File]www.creditrecoverygroup.com

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      Paying off your installment loans (mortgage, auto, student, etc.) can help your score, but typically not as dramatically as paying down -- or paying off -- revolving accounts like credit cards. The credit-scoring formulas like to see a nice, big gap between the amount of credit you're using and your available credit limits.

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