Concept and classification of loan
 The loan has developed in such a way that at present we can say that the same one to completed his perfection; perhaps be the juridical institution that more includes all the types of relations, especially the commercial and financial ones. It is by them that his regulation must be clarified and defined by accuracy since the loan is the foundation for most of the bank, mercantile, private relations, etc. the financing purpose is reached usually across the employment of contractual models, like for example the loan or the opening of credit. In this case we can say that the most habitual form in which a financing activity is arranged is precisely the contract of loan that is founded like the juridical base for the development of any financial activity.
In general the loan is usually of category mutually, what means that it is a contract for virtue in which a person mutuant is forced to transfer already is in free form or with interests, a sum of money to a person mutuary, who meets in the obligation to return the above mentioned money quantity in a space of fixed time. The loan can be classified in: principal loan that for his validity does not depend on any other contract for which, it has proper ends; commutative loan is that where from the same moment in which the parts close a contract, both know the taxes that are determined in the contract.
The loan with formalities freedom is that one in which, as well he says his name, it is not needed any formality to specify the loan contract, in such a way that the same one can be carried out verbally or for some private writing. The bilateral loan, it is where the contract specifies different right and obligations with which they must fulfill both parts that closed the agreement; the loan traslativo of domain is that one where, across the same one, there is transferred a "x" quantity of money or in some cases also and they transfer goods fungibles. The agreed loan (in opposition to real or to formal) is that one where it needs neither of the delivery of the money nor of formalities because it is provided with the assent of both parts to be delivered of the way that they believe more suitable without needing a law that serves like intermediary.
 The free loan is that in that the mutuary does not have the obligation to pay any type of compensation, any time the same one is not agreed definitely. We must point out also that the loan is divided into different species that you it characterize; between them we can name the civil loan, which is that that has been regulated in the corresponding civil code and is the loan that is carried out between two particular persons; the mercantile loan that is that agreement that it contracts between two merchants. The difference between the mercantile loan and the civil one takes root in that the first one stands out for being of onerous nature.
Loan with interest
The loan with interest is the most common of all, and it is based that the mutuary meets in the obligation to have to return the quantity of money given in a certain term of time with a money-market rate that it increases (in many you cause even in 50 %) the money quantity that of be to be returned to the corresponding banking institution.
The administrative loans are those loans based on a contract that they usually grant in some organizations of public administration and are regulated by a proper law in which one determines the guarantees, the term, the percentage of interest, therefore these circumstances do that these loans differ from those of civil species. Finally we must say that at the time of asking for a loan it is important to bear some factors in mind since how well we have said in some articles about this place, non-expiring with all the norms and requests of the same one can go so far as to put us in a serious problem. The first thing that it must determine there is the quantity that it will borrow and if really he can pay it; remember that you are the person in charge of his credit record therefore we recommend to him to manage with prudence when it is a question of money; to have precedents of financial debts does not result from help for anybody. Always make sure that the loan to be asked, should fit perfectly to his budget. Do never be going to increase the number of his income artificially, neither how is correct to give false information in a loan request; this is due to the fact that the qualifications carried out by the lenders are always based on the quantity of money that the individual gains. |
