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16 February, 20:04

There are 4 types of loans what are they describe them

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  1. 16 February, 20:17
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    Four types of loan include -

    Secured loan - loan secured against a collateral

    Unsecured loan - no collateral

    demand loans - loans with a floating rate of interest and flexible repayment dates, generally short term

    subsidized loans - loans reduced by an amount of subsidy
  2. 16 February, 20:27
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    1. long-term loans

    2. short-term loans

    3. lines of credit

    4. alternative financing
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