Loans are a crucial financial tool that allows individuals, businesses, and governments to access funds for various purposes, from buying a home to expanding a business. Understanding how loans work, their types, benefits, and potential risks is essential for making informed borrowing decisions. In this blog, we’ll explore the basics of loans, how they operate, and what borrowers need to consider.

What is a Loan?

A loan is a sum of money borrowed from a lender, typica... Read More