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Loan Basics

Understanding Loans: A Beginner's Guide

Loans can be a powerful financial tool, but with so many options available, it can be overwhelming to know where to start. From federal student loans to private mortgages, understanding the basics is key to making informed decisions. In this video, we'll break down some essential loan terms to help you navigate the world of borrowing.

 

There are loan products out there to suit almost every situation and need. Need some help deciphering all the different types of loans? Below you'll find some of the terms you're likely to come across when shopping for a loan.

Loan Terminology

Secured vs. Unsecured Loans

Ways to lower your Interest Rate

Fixed vs. Variable Interest Rates

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The Right Loan

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