# Loans
|  | In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. |
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| | wikipedia:: [Loan](https://en.wikipedia.org/wiki/Loan) |
Lien
Collateral
Interest
APR - Annual percentage rate
Principal
Debt
Default (finance)
Secured Loan
- Borrower pledges an asset as collateral
Credit Cards
Predatory Lending
Loan Shark
Micro Loans
- SBA MicroLoan Program
- up to 50k
- easier to get
## Intermediaries
- AltCap
- CrossFirst
- [[Community America Credit Union]]
- Kivy
- South Central Kansas Economic Development District
- Economic Development Corporation of Kansas City
## Inbox
- [[Student Loan]]
- Mortgage Loan
- Business Loan