What Is a Loan? A loan is a financial arrangement in which one party (typically a financial institution) lends money to another party (typically an individual or a business) with the understanding that the borrower will repay the loan amount, plu…
What Is a Loan? A loan is a financial arrangement in which one party (typically a financial institution) lends money to another party (typically an individual or a business) with the understanding that the borrower will repay the loan amount, plus in…