Glossary
Loan
Borrowed money repaid with interest
A loan is money you borrow and repay with interest on top of the principal. The total cost varies a lot with the rate, the repayment method, and the term, so it's worth checking in advance.
Glossary
Borrowed money repaid with interest
A loan is money you borrow and repay with interest on top of the principal. The total cost varies a lot with the rate, the repayment method, and the term, so it's worth checking in advance.