5 Important of Borrowing Terminologies You Should Know

What is the Difference between these popular terms- Pledge vs. Hypothecation vs. Lien vs. Mortgage vs. Assignment? In simpler terms, loans are of two types secured and unsecured loans. Lenders look for some sort of safety cushion or collateral before lending money. As lending money involves risk, lenders charge interest against it. As a rule …

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