| The loan it is an act that works through time. If we | | | | explained with the definition that loans are exchanges |
| want to define loans we must take into consideration | | | | that start in the present and are finished in the future. |
| three main concepts regarding the principles that help | | | | The particularity of the exchange is that the prestation |
| us understand loans. A loan can be based on trust, can | | | | is effectuated separately from the effectuation of the |
| be a form of relations of exchange and can be a | | | | contra prestation. |
| distribution. | | | | Secured loans are forms of value (goods, money, |
| If we talk about a loan based on trust we must start | | | | services) that are given for a promise regarding a |
| from the idea that trust is the credit itself, once you | | | | future payment. |
| offer the credit you offer also the trust that you will | | | | The majority of specialists sustain that loans are not a |
| get back the money and the trust you gave to that | | | | form of exchange because they do not modify the |
| man. In Latin loan has the meaning to trust somebody. | | | | material content of the value. They explain that is |
| Trust is the main aspect regarding loans no matter if | | | | regarded as an exchange because people apply for |
| they are personal loans or home loans, because | | | | loans with the purpose to make payments. These |
| nobody will give money to another person if he does | | | | kinds of loans are the mortgage loans, home loans and |
| not trusts him. | | | | car loans. |
| Credit relations in a direct loan are between the | | | | Loans made for distribution are made to distribute |
| creditor and between the debtors, the first one must | | | | again and again the value. Here is important the |
| trust the moral qualities of the second one, to be | | | | purpose of loans, when the creditor has some extra |
| convinced that the creditor will make the payments in | | | | possessions and he wants to place them, having a big |
| time. | | | | profit, to other persons, who need those possessions, |
| Some financial specialists say that loan is some kind of | | | | they are known as the debtors. |
| exchange, a particular form of exchange. This can be | | | | |