All about Finances & Loans

Nishant Baxi

Almost nothing in life is free and loans are no different. Loans are basically a seemingly non complicated way of lending and borrowing but if one were to take the time to read the fine print, it could probably paint quite a scary picture. Get the help you need here.

Synopsis

A loan is an advancement of money or something of value with the promise or a bargain struck between the parties involved to redeem the full sum with interest within a stipulated period of time.

The Basics

The interest is usually calculated proportionate to the sum borrowed and paid back along with the principal in segment for an agreed amount of time.

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