Social Sciences, asked by koyyda, 4 months ago

how many types of loans are given by the banks explain in details

Answers

Answered by anitapal209115
0

Answer:

A loan is a sum of money that an individual or company borrows from a lender. It can be classified into three main categories, namely, unsecured and secured, conventional, and open-end and closed-end loans

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Answered by taekookforever05
0

Answer:

A loan is a sum of money that an individual or company borrows from a lender. It can be classified into three main categories, namely, unsecured and secured, conventional, and open-end and closed-end loans

Explanation:

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