InterLoans is not another loan provider, but an independent resource offering information and advice on all types of loan, including, car loans, home loans, mortgages, and business loans. With so many loan providers to choose from, InterLoans compares the best deals to help you find the lowest interest rates over a term that suits you best.

Beginners' Guide to Loans

Choosing the Right Loan

Applying for a Loan

Types of Loan

Loans Glossary

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Beginners' Guide
Choosing the Right Loan
Applying for a Loan
Types of Loan
Loans Glossary

 

Loan: Money advanced to a borrower, to be repaid at a later date, usually with interest.

Loans may be secured or unsecured; in the former, the lender is given security - such as a car or a house - until the loan is paid off in full. If the borrower defaults on the loan, the lender would have the legal right to repossess the secured property and sell it, to recover sums owing.