Loan | Definition, Types & Examples
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Loan | Definition, Types & Examples
Learn about interest-only, amortization, and pure discount loans. Study definitions and examples of each type of loan, and identify their pros and cons.
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How many different loan types are there? Let us count the ways. (It’s 7. There are 7 ways). Watch the complete guide to the 7 essential loan types to understand before purchasing a home! 📺 Explore our YouTube channel for more videos like this, including the complete Home School series! ➡️ https://bit.ly/4aWTEcR | loanDepot
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