sajobs

Jobs Hiring Latest Posts

What is a loan ? Know it all

Here are some definitions of what a loan it really is. Definitions from the dictionary and from the financial institutions.

A loan is a sum of money borrowed from the bank to assist for certain planned or unplanned events. The borrower is required to pay back the loan, including the interest charged over a stipulated period. There are several types of loans for various financial requirements. A bank can grant a loan in the form of a secured or unsecured loan.

 

A secure loan is usually a large sum of money that is needed to purchase a house or car and is the ideal choice for a home loan or car loan. An unsecured loan is preferential for student loans, or personal loans which usually consist of smaller amounts of money.

Enter your Email to get Jobs Updates

Enter your email address to subscribe to this blog and receive notifications of new jobs posts by email.

Other Trending Posts

Leave a Reply

SA Jobs © 2019 Frontier Theme