LOANS

RECENT POSTS ON "LOANS" (CLICK HERE FOR ALL POSTS ON "LOANS")

LOANS - Introduction ( definitions and meaning) a thing that is borrowed, especially a sum of money that is expected to be paid back with interest an act of lending something to someone lend (a sum of money or item of property)  ....Read More.....

Types of loans 1) Secured loan in which the borrower pledges some asset (e.g. a car or property) as collateral A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the .....Read More....

Meaning of the terms used in loans Demand Loans Demand loans are short term loans that are a typical in that they do not have fixed dates for repayment and carry a floating interest rate which varies according to the prime rate They can be "called" for repayment by the lending  ....Read More.....

Malpractices in Loan (Abuses in lending) Predatory lending is one form of abuse in the granting of loans. It usually involves granting a loan in order to put the borrower in a position that one can gain advantage over him or her. Where the moneylender is not authorized, they could be considered a loan shark  .....Read More....