Short-Term Loan
A short-term loan matures in less than 10 years. The interest rates for short-term loans are typically higher than for long-term loans. Monthly payments are also higher because they are spread over a shorter period of time.
A short-term loan matures in less than 10 years. The interest rates for short-term loans are typically higher than for long-term loans. Monthly payments are also higher because they are spread over a shorter period of time.