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Prompt What is a loan?

User Themarex
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Answer:

in finance a loan is the leading of money by one or more individuals organizations or other entities to other individuals organizations act the repentant incurs a debt is usually liable to pay interest on the debt until it is repaid as well as we pay the principal amount borrowed.

User Max Lapshin
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Answer:

In fact these loans are basically short term loans which do not require any collateral pledging to get its approval. ... Instead, the criterion for availing these loans is very simple.

User Sandesh B Suvarna
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