In finance, a loan, a debt the company (organization or individual) in another entity having an interest rate is provided, and shall be accompanied by such a reference, among other things, is the amount of principal, interest rate and repayment period. A loan includes the reallocation of the subject (s) for a period of time, between the lender and the borrower. In a loan that the borrower initially receives or takes an amount of money, the Director of lender and has the obligation, to pay or even returning the money to the lender at a later date. Usually the loan is granted at a cost, as the interest rate on the debt, which is an incentive for the lender of the loan. Each of these obligations and restrictions under a legal mortgage, allowing the borrower because of the additional restriction also enables alliances in the form of a loan. This article focuses on currency loans, could in practice physical object borrowed. Act as a provider of loans is one of the main tasks of financial institutions. In other institutions, the granting of debt contracts as bonds is a traditional source of financing. A secured loan is a secured car loan wiki loan that the borrower undertakes to goods (e.g. a car or property) as collateral. A mortgage loan is a very common type of money, many people used to buy things. In this arrangement, the money used to buy the property. The financial institution provides security-a lien on the title to the House until the mortgage is paid in full. If the default of borrowers, loan of the Bank repossess the House, rights and sold by restore amounts. In some cases, it may be a loan to buy a new or used car, also provided by a big car, a housing loan is secure. The duration of the loan period is much shorter-often depending on the length of the useful life of the vehicle. There are two types of auto loans, direct and indirect. A direct loan is where a bank gives the loan directly to the consumer. An indirect auto loan is where a dealer acts as an intermediary between the Bank or financial institution and consumers. Unsecured loans are monetary loans are not secured against the borrower's collateral. This can be done by financial institutions in many different forms or marketing packages available: the interest rate for these different forms varies depending on the lender and the borrower. This may or may not be regulated by law. In the United Kingdom, can occur when applied to people, that of 1974 under the credit to the consumer. Interest rate on unsecured loans are almost always higher than secured loans, the borrower with very limited options to be an unsecured creditor remedies. A creditor should the borrower to take an action, a trial of money for breach of contract, then the execution of the judgment against the credit of the unencumbered (d. h. Active not already committed to guaranteed creditors) to continue. Failure of creditors traditionally take precedence over unsecured, heritage Court of creditors of the borrower. A higher interest rate reflects the additional risk, insolvency, debt can be bad. Generally, the payment terms are not fixed and variable interest rate varies depending on big bear credit interest. You may at any time be called redemption from loan institution. Loan application can be secured or unsecured. A subsidized loan is a loan in which the interest is reduced thanks to a grant explicit or hidden. In the University context, lending in the United States referred to a loan in which no interest is that a student is in education. Identifies a reasonable loan rate, credit is much more generous, market interest loans granted in the time of grace or a combination of these two conditions. These loans are made by foreign Governments in developing countries, or may be offered to employees of banks use as an employee. Loans can also be subcategories depending on where the debtor is an individual (consumer) or a company. Personal loans include mortgages, car loans, mortgage loans, credit lines, credit cards, loan payment and loan payment. The borrower's credit rating is an important component in the subscription and prices and interest rates (APR) these loans. The monthly instalments of the loan can be reduced by selecting in the longer term, but it also increases the total interest costs. Car loans in the United States, the average maturity was approximately 60 months in 2009. The company loans are mortgages similar to above, but also trade and ties. Subscription is based on credit score, but rather the ability of debt. The method of payment most typical loan is full of absorbing payments for any month during the period rate has the same value. Predatory lending is a form of child abuse in the granting of loans. The loan usually includes one, so the borrower can beat him to it or its advantage in this place. The donor is not allowed, it could be a shark ready to watch. Wear is another form of violence, where the lender was accused of excessive interest rates. The permissible interest rate unchanged not of cultures and periods of unlimited interest rates absolutely no interest. In some countries, the credit card companies was accused by personal loans at usurious interest and money from frivolous expenses. The abuse can also be abuse of lender customers don't be no repaying the loan, or fraudulently in the lender. Represents interest paid compensation for the use of money or property, the creditor, and therefore, benefit or subscribe to the creditor. Usually in the context of the activities of the borrower interest paid are deductible, while interest rates for personal loans are not deductible. A loan the borrower's income will not start, but returned to the borrower, the borrower's debts discharged. ^ See Commissioner v. glass co from Ashbourne. , 348 u. s. 426 (1955) (giving the standard three pin what is the income for tax purposes: (1) the accession to wealth, (2) clearly recognized (3) the taxpayer has complete Dominion?). . . . . .