Financial operation in which an entity offers the client a fixed amount of money and the client commits to returning this amount plus some interests in a term of time.
The credit is used for long term financing. ¿True or false?
Type of loan in which the guarantee is the home, so, it usually has a lower interest than other loans.
In the credit there is not a fixed amount, but there is an established limit, and you pay interest according to the amount used. ¿True or false?
There are different types of loans depending on whether they are insured or not. ¿Yes or no?
True
False
Personal loan
Yes
Mortgage loan
