19>112013567Estimarea time 8 mins1Define principal, interest, & term.Loan BasicsPerhaps you've casually lentor borrowed money from ariend before. But moreormal loan arrangementsrom a financial institutioncome with far more termsou must understand inrder to get a fair deal.Vatch this video and thennswer the questions.2.What are the main advantages of a secured and unsecured loan?www.ngpf.orgLast updated: 7/19/22
