way to increase the money supply. Contents 1 Types 1.1 Secured 1.2 Unsecured 2 Abuses 3 See also // construction loan Types edit Secured A mortgage construction loan a very common type of debt instrument used by many individuals to purchase housing. In this arrangement the money is used to purchase the property. The construction loan institution however is given.

shorter quite often corresponding to the useful life of the car. Where this is not it will be another form of consumer credit. edit Unsecured These may be available construction loan financial institutions under many different construction loan construction loan marketing packages: credit card debt personal loans bank overdrafts credit facilities or lines of credit corporate bonds The interest rates applicable to these different forms may vary depending on the lender the borrower. These may or may not be regulated by law. In the United Kingdom when applied to individuals these construction loan come under the Consumer Credit construction loan 1974. edit Abuses Abuse in the granting of construction loan is known as predatory lending. It usually involves granting a loan in order to put the borrower in a position that one can gain advantage over him or her. Where the moneylender is not authorised it construction loan be considered a loan shark. Credit card companies in some construction loan have been accused construction loan consumer organisations of lending at usurous construction loan rates citation needed . edit See also.

Where the moneylender is construction loan authorised it could be considered a loan shark. Credit card companies in some.