What is a Loan? Loan quotes

What is a Loan Loan quotes

A loan is a borrowing of money from a lender in order to purchase a product or service. Loan types vary depending on the amount and term of the loan. A bank loan is a short-term loan, typically for between 30 and 120 days. A car loan is a long-term loan that can be used to buy a car. A credit card is an automatic purchase that requires you to pay back your debt with interest. A loan is a financial product that allows individuals or businesses to borrow money…

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