Question

Write few lines about loans​

Answer 1

Answer:

A loan is when money is given to another party in exchange for repayment of the loan principal amount plus interest.

Loan terms are agreed to by each party before any money is advanced.

A loan may be secured by collateral such as a mortgage or it may be unsecured such as a credit card.

Answer 2

Answer:

loan can extant with bank

Explanation:

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