Loan is an agreement of giving money (property or other material goods).

The most popular loans are money loans that proposed by banks or financial institutes to individuals or organizations (named as borrower). Due to a loan agreement, the borrower can receive some amount of money (or some amounts by …

Types of loans

There are a lot of different types of loans, here just some of them:

By loan guarantee, a loan can by secured or unsecured:

  • A secured loan is a loan in which the borrower pledged some asset (e.g. car or property) as collateral.

    The most popular secured loans are …