Answer:
-student loan
-Car loan
-home improvement loans
-medical loans
-business loan /personal
Step-by-step explanation:
Loan are used for several things. they money borrowed to be returned at a certain date with specific interest rate.
1. a loan used to pay for educational expenses, such as college tuition, books, and housing small-business loan
-student loan
2. a loan used to purchase a new or used car student loan
Car loan
3. a loan taken to make home improvements, among other reasons car loan
-home improvement loans
4. a loan that requires a high credit score and is used for many different things, such as medical expenses, a vacation, or to pay off a credit card home equity loan
-medical loans
5. a loan used to pay for start-up expenses when opening a company personal loan
Personal/Business Loan
