Finance Loan

As recession progresses, More and more people are searching the Internet for Finance Loan. Finance Loan is nothing but the Collective term for many types of Loans.

Definition: Finance Loan -

- Finance Loan is nothing but the collective term used for many types of Loans. Such as Housing Finance Loans, Personal Finance Loans, Car Finance Loans, Auto Finance Loans, Business Finance Loans…etc…

Explanation: -

Finance Loans are nothing but the general name for any type of Loan. Finance Loan means a loan to finance several things such as Home, Business, Personal needs, Car, Automobile Vehicle….etc…

According to Finance Gurus, Basically 2 types of Finance Loans are there. One is a Good Finance Loan and the other is the Bad Finance Loan. A Good Loan is one which at the end of the repayment produces Assets such as Education, Home & Business. By taking a Good Finance Loan, at the end Asset develops which increases in its value over the time.

While a Bad Finance Loan is one which at the end of the repayment does not produce any Assets but produces Liabilities, Depreciating items. Such as Car, Automobile, Personal Loans, Consumer Loan, Home Improvement Loans…..etc….

An Intelligent Borrower is one who always uses a Good Loan in his favour to produce Assets & get more richer than before. While the Average Borrower without having any Financial IQ always takes a Bad Finance Loan which at the end produces Liabilities and nothing else.

In short there are many types of Debts available in the market. But people with higher Financial IQ prefers to take a Good Loans to get more richer while a people without any Financial IQ always take a Bad Loans ….!!!!!!!!!