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ENUMERATE AND DESCRIBE THE FOLLOWING
KINDS OF
OF LOANS​


Sagot :

Personal loan- Funds for a wide array of personal needs and desires.

Mortgage- Borrow your way to owning a home.

Student loan- Federal, state or privately-issued debt to cover education costs.

Auto loan- Finance a new or used car with the help of a lender or dealership.

Payday loan- Like a short-term cash advance, payday loan involves borrowing against your paycheck instead of the plastic in your wallet.

Pawn shop loan- Agreeing to a shop owner’s terms to pay for various items.

Small business loan- Funding to get your business off the ground or to make improvements.

In Studier: Other Questions