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Loans: The Essentials

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 Loans are an important part of life, and when they are in need of funding, the best place to go is a loan provider. The Essentials blog provides information on loans and how to apply for them. Types of Loan Agencies Types of Loan Agencies -Credit Unions -Banks -Loan Companies -Payday Loans -Personal Loans -Mortgages -Home Equity Loans -Student Loans Types of Loans Loans: The Essentials Types of Loans There are many types of loans available on the market today. When applying for a loan, it is important to know what type of loan best suits your needs and wants. Below we will break down the different types of loans and provide some examples of each. Student Loan: A student loan is a form of financial aid that helps students pay for their education expenses such as tuition, textbooks, and housing costs. Student loans can be either private or federally backed (FEEL). Private student loans often come with high interest rates and strict repayment terms while federal student loans typical...