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Personal loan
Short term and long term loans
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[QUOTE="Good-Guy, post: 202851, member: 29109"] I think that there could be several differences between long-term loans and short-term loans. For example, short-term loans might be suitable for students who tend to take those loans for a specified period of time their term of course starts and ends. Short-term loans might also be for people who buy products on credit terms. In short, people who deal in short-term financial settings might be eligible for a short-term loans. I am trying to say that short-term loans is for a specified category only. On the other hand, long-term loans might involve a huge sum of money unlike short-term loans. Such kind of loans are best for big businessmen who tend to borrow money for big business projects. To summarize it all, short-term loans and long terms loans are for different categories of people. [/QUOTE]
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