What is the difference between loans grants gifts and aids?"
What is the difference between private stafford and plus student loans?
The difference between subsidized and unsubsidized student loans is the interest. On subsidized loans you don't have to pay the interest and it does not build up over the life of your loans.
The difference between direct and indirect student loans are direct loans come to you in your name to deposit and use for school. Indirect loans go stright to the school and are used just for tuition.
The difference between subsidized and unsubsidized student loans is the interest. On subsidized loans you don't have to pay the interest and it does not build up over the life of your loans.
There is no difference in the business side of online payday loans and walk in payday loans. If it you do do it online, the return will be just as quick. I supposed being able to do it from your home does provide an advantage.
Home improvement loans are given to people who want to do renovations on their house. Home equity loans are loans that are given out with the assurance of the house.
Grants do not get repaid, loans must be paid off.
loans payable apear under liability on the balance sheet.
Banks earn a profit on the difference between the interest they earn through the loans disbursed to customers and the interest they pay to their deposit customers. For Ex: If a bank earns a 10% interest on loans and gives a 7% interest on deposits, the profit they are earning here is 3%
Secured loans are backed by an asset, to be collateral in case the borrower defaults on the loan. An unsecured loan does not have this and usually costs more and has a higher risk to the bank.
The difference between rates for used and new car loans can be large. One must consider the value of the vehicle and personal credit score as to which value would be best.