National Personal Loans are an Important Way of Stabilizing Your Financing A loan is when money or assets are given to another party in exchange for repayment of the loan principal amount plus interest. Loans with high interest rates have higher monthly payments — or take longer to pay off — versus low-rate loans. Revolving loans or lines can be spent, repaid, and spent again, while term loans are fixed-rate, fixed-payment loans. Loans can be secured by collateral such as a mortgage or unsecured such as a credit card. 24642 Washington Ave, Murrieta, CA, 92562 (951) 498-5612 [read more]
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