Today the money is the general requirement of every person and most of the people apply for loan money for the purpose of complete the urgent needs. Loans are depending on the debtor is an individual person or a business purpose. Common individual loans comprise car loans, mortgage loans, and home equity position of credit, installment loans credit cards, and payday loans. The credit maintain calculate of the borrower is a main factor in and underwriting and interest charge of these fo...

In economics, a lån uten sikkerhet is a debt evidenced by a memo which mentions that, amid other equipment, the primary amount, interest charge, and date of refund. A loan entails the reallocation of the subject matter benefit for a period of time, linking the lender and the borrower. Loan is normally provided at a rate which referred to as interest on the liability.

There are two types of loans secured loan and unsecured loan. The borrower pledges several assets as collateral which is...