7 Types of Loans

A loan is an amount of money that's given from one (the lender) to another person (the borrower) with an expectation of repayment. Loans are a type of debt. If you're not careful when you take out a loan, you could end up with one that's hard to repay, leaving you in debt. Learn more about the loans you can borrow by reading Seven Types of Loan.

Related Articles:

• 5 Things to Know About Personal Loans
• The Difference Between Secured and Unsecured Loans
• About.com Banking/Loans