Social Sciences, asked by phincyajith, 11 months ago

which are the two major types of loans?

Answers

Answered by TheCraaZygiRl

There are two main types: federal student loans and private student loans. Federally funded loans are better, as they typically come with lower interest rates and more borrower-friendly repayment terms.

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Answered by yaagnikm

Federal student loan

And

Private student loan

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