Noun

Singular loan

Plural loans

loan (plural loans)

  1. (banking, finance) A sum of money or other valuables or consideration which an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
    He got a five grand loan.
  2. The contract and array of legal and/or ethical obligations surrounding a loan.
    He made a payment on his loan.
  3. The permission to borrow any item.
    Thank you for the loan of your lawn mower.

From Wiktionary under the GNU Free Documentation License.
Sat Mar 6 17:55:43 2010

A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.

In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time. Typically, the money is paid back in regular installments, or partial repayments; in an annuity, each installment is the same amount. The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent.

Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.

Types of loans

From Wikipedia under the GNU Free Documentation License
Wed Mar 10 17:40:35 2010

How does a home equity loan work?
Q. I need to know all the details and if it is a good choice. I have payed off my vehicle and credit cards and have none, but I have alot of student loan debt. Our dilema are the student loans. And paying them. I have heard about home equity loans and heard about being tax deductible. How do they work? Do they look bad on your credit? How much can you borrow ? Does it add to the years to pay off your house? We only have eleven years left to pay as it is right now. Just wondering what is a good option. I even thought that after I graduate and am working that my pay checks can go all to my student loans. I am just looking for some good ideas without having to stress out about debt and bills and such. We are trying to pay our bills off and so… [cont.]
Asked by newmoon - Mon Mar 19 16:11:58 2007 - - 3 Answers - 1 Comments

A. I'm not sure why you would want to get a home equity loan to pay off student loans. Typically interest rates on student loans are much lower than home equity loans. It is true that you can use interest paid on a home equity loan as a tax deduction, but you can also use interest paid on student loans as a deduction.
Answered by PCL-R - Mon Mar 19 16:25:37 2007

Would a construction loan be the type of loan for building a new home?
Q. If you wanted to build your own house, would you apply for a construction loan? What are the terms of a construction loan? How hard is it to get one?
Asked by jiggywalker2008 - Wed Feb 18 13:38:13 2009 - - 3 Answers - 1 Comments

A. Yes you want a construction loan and one that can be converted to a permanent loan. Why? During the construction process the builder is entitled to a draw (of money) at predetermined stages. Also, with a construction loan you only pay interest on the money that is drawn. When the home is completed you then need a permanent loan. realtor.sailor
Answered by realtor.sailor - Wed Feb 18 13:44:45 2009

Can you get a personal loan to use as your personal contribution on a business loan?
Q. I want to get a personal loan as my 20-40% contribution on a business loan. Can I do that?
Asked by templeofdoom1234 - Sat Apr 18 12:34:22 2009 - - 1 Answers - 1 Comments

A. I highly doubt you can do that The banks will want to see that you have the 20-40% money when you apply. That means you should have gotten the personal loan PRIOR to applying for the business loan The problem with that is that the banks do credit checks. They will see that you've gotten a loan for the same amount you're saying as your contribution. And that could jeopardize your chances of getting the business loan Save up. Or seek out loan from other sources, one that will not be tracked with a credit check -- e.g. families and friends
Answered by imisidro - Wed Apr 22 10:12:38 2009

From Yahoo Answer Search: "loan"
Sun Mar 7 17:10:01 2010

From Wikiquote under the GNU Free Documentation License.
Mon Aug 31 08:32:26 2009

See also:

  • Honda Financial ServicesHonda Financial Services
    hondafinancialservices.com
    Provides credit approval for Honda vehicles. Also offers planning resources and tools.
  • Capital One Auto FinanceCapital One Auto Finance
    capitalone.com
    Offers loans and refinancing options directly to consumers, for new and used vehicles purchased from any franchised dealer. Also provides current rate information and a payment calculator.
  • eBay Financing CentereBay Financing Center
    pages.motors.ebay.com
    Provides pre-approval for loans to purchase vehicles through eBay Motors.
Custom search only loan sites:

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Fri Mar 5 02:36:52 2010
Student Loan Provisions May Ease Passage of Health Care Bill - New York Times (blog)
news.google.com
Student Loan Provisions May Ease Passage of Health Care Bill

New York Times (blog)

Many House Democrats reacted enthusiastically on Friday to the word that a proposed overhaul of student loan programs would be ...

Reconciliation -- It's Like a Game; And A Student Loan Overhaul is Added FOXNews (blog)

Obama's proposed student loan overhaul gets boost Reuters

Student Loan Overhaul To Be Combined With Healthcare Legislation City Town Info Education Channel

Los Angeles Times  - ModernHealthcare.com  - True/Slant

all 1,954 news articles »
Lutz: Hybrids and electrics are future, US to profit on GM's loan pay back - eGMCarTech (blog)
news.google.com
Lutz: Hybrids and electrics are future, US to profit on GM's loan pay back

eGMCarTech (blog)

He also said that the Detroit automaker will pay back its bailout loan at a profit for US taxpayers without lowering the quality in vehicle development. ...



and more »
Jackson's Loan Cut Short - Vitalfootball
news.google.com
Jackson's Loan Cut Short

Vitalfootball

Phil Parkinson had made it clear that he was keen on keeping Johnnie Jackson beyond his initial one month loan spell, however the Notts County midfielder ...

Jackson returns to Notts SkySports



all 16 news articles »

From Google News Search: "loan"
Sat Mar 13 03:09:48 2010

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cnaf.infn.it
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loan jpg
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[source page]

Business resource center assists with loan the Lumbee Tribal Business Resource Center assisted Keith Woods in receiving a small business loan for a contract route with FedEx Corp The $12 000 loan was awarded

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From Yahoo Image Search: "loan"
Sun Mar 7 06:51:34 2010

Student Loan Absolution | Fair Loan Rate!
fairloanrate.com
Student Loan Absolution | Fair Loan Rate!

SRK

Wed, 10 Mar 2010 15:42:08 GM

Student debts are granted to needy students under certain conditions by the federal government. These students . loans. absolution are available on different terms and conditions. These absolution are given by performing certain duties ...

Increasing Loan Rates Cost Us More | 9DOWNSOFT Finance
finance.9downsoft.com
Increasing Loan Rates Cost Us More | 9DOWNSOFT Finance

Admin

Wed, 10 Mar 2010 18:08:50 GM

Personal . loan. rates are increasing in the UK. This is either an attempt by the banks to stem any further losses from the recent credit.

hupo2007.com Blog Archive Get Military Loan to Make Your Life ...
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hupo2007.com Blog Archive Get Military Loan to Make Your Life ...

admin

Wed, 10 Mar 2010 05:57:58 GM

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From Google Blog Search: "loan"
Wed Mar 10 21:29:06 2010