There are various types of loans available to individuals and businesses, each designed to serve specific needs and circumstances. Here are some common types of loans:

1. Personal Loans: These are unsecured loans that individuals can borrow for personal expenses such as medical bills, home improvements, or debt consolidation. Personal loans typically have fixed interest rates and repayment terms.

2. Student Loans: Student loans are specifically designed to finance higher education. They can be offered by the government or private lenders and help students cover tuition fees, books, and living expenses. Student loans often have flexible repayment options.

3. Mortgage Loans.....

You need to see the video to get all about the types of loans.


https://www.youtube.com/watch?v=9KFDO4THzas