What is loan?

Loan is a sum of money given to an individual with the intent that it is to be repaid at some future date along with any agreed upon interest.

Loan is when a person borrows money from a financial institution or other type of lender with an agreement to pay back the full amount plus interest over a period of time. Loans are usually guaranteed with assets like a vehicle or home. Until the loan is paid off, the lender will have a lien on these assets and has the right to repossess them if the terms of the loan are not met

These are related to loan

* eauto loan
* payday loan
* home loan
* personal loan
* student loan
* bad credit loan

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