What are the 4 types of loans?

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Loans are an important part of your financial life and there are many different types to choose from.

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There are a variety of loans available to homeowners, including mortgages, home equity loans, and second mortgages.

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Loans against insurance policies

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There are a few types of loans that you can get against your insurance policy.

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The second type of loan is a policy loan. This is a loan that you can take out to cover the cost of your policy.

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Loans against mutual funds and shares

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There are a few different types of loans that you can take out against your investments.

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Fixed deposit loans are the most common type of loan. You borrow money from the bank against your fixed deposit account.

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Credit card loans are the most popular type of loan because they offer convenience and fast approval times.

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See more!

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