What are the financial terms of the loan?

When you're considering a loan, it's important to be aware of the terms in order to make an informed decision. In this article, we'll give you a quick rundown of the most important financial terms associated with a loan. The Basics of a Loan When you take out a loan, you are borrowing money from a lender. The terms of the loan will depend on the type of loan you take out and the interest rate th...