Wednesday, June 17, 2009

United States Loan

• Fannie Mae
• Export-Import Bank
• Federal Family Education Loan Program
• Freddie Mac
• Government National Mortgage Association
• Small Business Administration
• VA loan

Debt
Debt is that which is owed; usually referencing assets owed, but the term can cover other obligations. In the case of assets, debt is a means of using future purchasing power in the present before a summation has been earned. Some companies and corporations use debt as a part of their overall corporate finance strategy.
A debt is created when a creditor agrees to lend a sum of assets to a debtor. In modern society, debt is usually granted with expected repayment; in many cases, plus interest. Historically, debt was responsible for the creation of indentured servants.

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