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The Advantages and Disadvantages of LoanLoan is a form of debt, often with interest. There are several reasons why people apply for loans. Usually they borrow money to purchase a house, buy a car, or start a business.Often, applying for a loan is necessary because most do not have available financial resources they need to make a purchase. Other forms of loans, like the student loans have helped...

 World Bank to expand loans to poorHUMAN CRISIS The bank slashed its growth forecast for developing nations, warning that each percentage point reduction means 20 million people slipping into povertyThe World Bank said late on Tuesday that it was gearing up to lend US$100 billion over the next three years to protect developing nations from the economic contagion spreading from richer Western...