A loan is a type of debt. All material things can be lent; this article, however, focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.

The borrower initially receives an amount of money from the lender, which they pay back, usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt. A borrower may be subject to certain restrictions known as loan covenants under the terms of the loan.

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. Bank loans and credit are one way to increase the money supply.

Legally, a loan is a contractual promise of a debtor to repay a sum of money in exchange for the promise of a creditor to give another sum of money.


Free Credit Report

Your free credit report can be your best ally when it comes to detecting identity theft when it is still in the early stages, allowing you to take action before identity thieves are able to do too much damage with your personal information. Every U.S. consumer is guaranteed at least one free credit report from each credit reporting agency each year. The problem is that many consumer do not know about this right, and even more do not know how to order it. Below you will find how to order you free credit report via the Internet, phone, and U.S. mail.


Loans For People With Bad Credit

Whenever you apply for a loan, your credit history is reviewed. Depending on that your application may be accepted or rejected. If you have a good credit history, you may qualify for a loan with great rates, terms and conditions. But on the other hand, if you have a bad credit history, you may have to settle for a bad credit loan. Bad credit loans are loans that are made for people with a bad credit history. Not every lender offers these loans. So you might have to look for lenders who are willing to offer these loans.

Student Loans

Student loans can be found advertised in almost all the media. These days there are plenty of direct student loans that are on offer to fund anything from their studies to even buy their first cars. Such is the host of options available that sometimes choosing one becomes a difficult task indeed. is here to help you to get you what you deserves. Start now!