1. Chapter 8 Personal Loans 2. Chapter Objectives Provide a background on personal loans Outline the types of interest rates that are charged on personal loans Describe home…

1. Chapter 8 Personal Loans 2.   3.   4.   5.   6.   7.   8. What Is Consumer Borrowing? Obtaining funds from a lender under specific loan provisions. Called “Consumer…

1. What is Personal Loan?A personal loan is a type of debt which is madefor personal, family, or household use, and which isneither a business loan nor a long-term mortgageloan.•…

Slide 1 Chapter 9 Personal Loans Slide 2 Copyright ©2014 Pearson Education, Inc. All rights reserved.9-2 Chapter Objectives Introduce personal loans Outline the types of…

Slide 1 Copyright © 2007 Pearson Addison-Wesley. All rights reserved. 9-1 Objectives Provide a background on personal loans Outline the types of interest rates that are…