The loan will allow construction to begin in summer 2012.

The low-rate loan "allowed me to buy a nicer car for my dollar than I could have otherwise."

So, he said, the buyer should make sure the loan allows flexibility.

Other loans might allow prepayment at any time, with the penalty reduced over the years.

This loan allows you to pay only on the interest during the two year introductory period at a lower set rate.

Subprime loans allow people with poor credit to secure financing at high rates.

Most such loans, he said, do not allow a partial prepayment.

The only shares he had to pledge as collateral were the 80,000 the loan was allowing him to buy.

The loans also allow them to develop a new skill.

Does everybody pay except the guys who built those glorious houses of cards, and the bankers whose reckless loans allowed them to do it?