In this article you will see:
What are the main types of loan
Which type of loan to choose?
Are you thinking about taking out a line of credit, but don't know what types of loans are offered by the financial market?
It is possible to hire different options, for the most diverse needs.
You can opt for a payroll loan, personal credit, among others. Hiring can be done to meet several objectives.
A loan is not just about having cash. You can apply for a loan to finance your college, a car or a house, for example. That is, you may not even see the money, as it will be directed to repay your debt.
Before making the decision to hire a financial service, it is essential to know and understand the available options well. Keep reading to find out what the seven most common types of loans are and understand which option is best for you.
What are the main types of loan
The main types of loan are those that are more practical, safe, market demand and low interest, such as payroll loans and personal loans.
Next, Contabilizei lists the seven main types of loan and explains the characteristics of each one of them.
Personal credit (Part 2)
Student or university credit (Part 3)
housing loan (Part 4)
car credit (Part 5)
consolidated credit (Part 6)
Anticipation of 13th salary (Part 7)
Personal credit is usually offered by financial institutions such as banks. It is a type of loan where the borrower can use it in the way he prefers, as well as payroll loans. To request the amount you want (according to the lender's policies), the consumer does not need to offer a guarantee for the payment of the loan. However, this option is subject to credit review for approval.
Here.
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