Social Sciences, asked by sravani3289, 10 months ago

information about loans

Answers

Answered by jasleenkaur05

1

In finance ,loans means lending of money by one or more individuals,organizations etc.

There are 4 types of loans:-

1. Long term loans(most common)...given for a long period of time.

2. Short term loans:- given for a short period of time.

3.Lines of credit

4.Alternative financing

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