A loan is a type of debt. The borrower needs to repay the lender the sum of money loaned part by part over time in order to clear the debt. Acting as a provider of loans is one of the main tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a main source of funding. Bank loans and credit are one way to increase the money supply. A loan can be broadly described by the following terms.
Key phrase | Max search, montly | Competition | Top of page bid (low range), $ | Top of page bid (high range), $ |
---|