These days when there is so much of hue and cry amongst private loan agencies, each trying to downplay the merits and work of the other, the loans offered by government remain immaculate and selflessly benefiting the public.
Government loans are a cut above the rest in quite a few ways. Firstly every private agency offering loan does it with the purpose of making profits but in contrast to this government loans are meant only for the welfare of public. Since government is a body meant for the people, it does not seek any personal gains. Unlike the private banks and other such loan agencies, government also offers loans to those downtrodden people who can hardly pay it back. Government loans not just a great help to the destitute but also a big contribution in the smooth functioning of the economy of the country.
Government loans are primarily of three kinds- Business Loans, Loans for Home Buyers and Loans for Higher Education.
Since small businesses are quite important for the US economy, in order to promote them and enhance their development, government of America offers business loans to its citizens. All those individuals who desire to kick-start...
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