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Mr. Money

What is a Personal Loan?

Personal Loan Personal Loan is a loan which is borrowed on personal lines of the individual borrower and the borrower receives a lump sum amount of money at the start of the loan. There is […]

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Mr. Money

Different types of loans, finances

Types of loans In my previous article I covered ‘what is a Loan?’ In this article I will cover the types of loans that are predominant in the UAE market. Open and close ended Loans […]

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Mr. Money

What is a loan? What is credit?

What is a loan? or what is credit? Prior to knowing what a loan is, it is better to know that there are 2 parties to a loan transaction: 1. Lender and 2. Borrower. Lender […]