TYPES OF LOAN

Borrowed money can be used for many purposes, from funding a new business to buying your fiancée an engagement ring. But with all of the different types of loans out there, which is best—and for which purpose? Below are the most common types of loans and how they work.
TYPES OF LOANS
- Debt Consolidation Loans. A consolidation loan is meant to simplify your finances.
- Student Loans. Student loans are offered to college students and their families to help cover the cost of higher education.
- Mortgages.
- Auto Loans.
- Personal Loans.
- Loans for Veterans.
- Small Business Loans.
- Payday Loans.