Credit as an economic category is one of the bases of redistribution of temporarily
http://usapaydayloans.info/ohio/massillon/ free resources and capital in the economic system. Credit as a banking term is associated primarily with the provision of money by banks at interest for a certain period.

Loans are serviced exclusively by banks. Microfinance institutions and individuals provide loans. In everyday life, these terms are used as synonyms, and the essential terms of the loan and loan agreements are similar.

Types of loans and features of their provision
There are many types of loans and their subspecies, depending on the characteristics and mechanism of credit operations. For example:

Targeted loans, the types of which vary with respect to the purpose of funds.
Among the loans to lega...

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