Economy, asked by vsyvikrantsingh58, 5 months ago

Give any three differences between various types of loans. ​

Answers

Answered by rambhaskargarlapati
1

Answer:

Consumers commonly take on loans to finance home purchases, education, debt consolidation and general living expenses. For the growing small business, loans are available for working capital, equipment, real estate, expansion, and inventory purposes. In short, there's a wide variety of options available on the loan market, so it's important to research what type of debt obligation will work for you. Below, you can find a breakdown of each loan type and how it will affect your finances.

Different Types of Consumer Loans

Mortgages

Student Loans

Personal Loans

Auto Loans

Small Business Loans

Consumer

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