Loan

Federal Loans vs Private Loans

Federal Loans vs Private Loans
The most basic difference between them is the fact that the federal loans are provided by the government, whereas the private loans are provided by organizations in the private sector, such as private banks,...

Pledge vs Hypothecation vs Mortgage

Pledge vs Hypothecation vs Mortgage
Pledge denotes that the person who takes the loan must provide the bank with something that is worth the same amount as the money he/she are taking from the bank. Hypothecation is the practice where the...

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