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Summary Of: Loan

a loan entails the redistribution of financial... A loan is of the... a loan is a contractual promise of a debtor to repay a sum of money in exchange... is a loan in which the borrower... a loan taken out to purchase a new or used car may be secured by the car... The duration of the loan period is considerably shorter... A direct auto loan is where a bank gives the loan directly to a consumer... An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution... A type of loan especially used in... A stock hedge loan is a special type of... It usually involves granting a loan in order to put the borrower in a position that one can gain advantage over... customer abusing the lender by not repaying the loan or with an intent to defraud the lender... A loan is not gross income to the borrower... The amount paid to satisfy the loan obligation is not deductible by the borrower... Repayment of the loan is not gross income to the lender... Although a loan does not start out as income to the borrower...

Encyclodia Page On: Loan

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Loan".