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Bad Credit Loan Glossary



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W.


Wedding.

Many people apply for an unsecured or even sometimes a secured loan to pay for a family wedding.



Widow's Benefit.

Widow's benefit or pension is a source of income paid to individuals who have lost their spouces. This income can sometimes be used to support a loan application.



Working Family Tax Credit.

A financial benefit paid by the government to families who qualify. It is means tested. We can sometimes use this to support an income multiple.



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