To lend someone money appears to be a fairly straightforward transaction but, in order to fully service their many customers, and at the same time make money, banks have an array of loan types available.
Different personal and financial circumstances will mean certain types of loan are more suited to some than others. How your income is structured and how reliable it is will make a difference to how you can make your repayments. Your eligibility for some loans will be based on your financial and credit standing. Banks also need to know that they will get their money back therefore some loans will not be available to everyone.
By comparing the types of loans on offer it should be possible to arrive at a loan that gives you a manageable solution and the cash you need.