Question

5types of bank loans definition of loan

Answer 1

Answer:

Hiiii ✌

Here is your answer ❤

Step-by-step explanation:

1. Personal Loans:Most banks offer personal loans to their customers and the money can be used for any expense like paying a bill or purchasing a new television. Generally, these loans are unsecured loan
2. Credit Card Loans:
3. When you are using a credit card, you must understand that you will have to repay for all the purchases you make at the end of the billing cycle. Credit cards are accepted almost everywhere, even when you are travelling abroad.
4. Home Loans:
5. When you wish to purchase a house, applying for a home loan can help you to a great extent.
6. Car Loans:
7. Buying a car can definitely instil a great sense of joy and happiness in you. A car will remain as your asset and it is going to be one of the biggest investments that you make.
8. Two-Wheeler Loans:
9. A two-wheeler is pretty essential in today’s world. May it be going for a long ride or a busy road in a city – bikes and scooters help you to commute conveniently

Hope it helps you ♥♥

PLEASE MARK ME AS BRAINLISTE ♥♥