There is a lot of different type of loans. As i know,there is student loans,personal loans,car loans,home loans/housing loans,property loans and others loans.
Most of us are normal people,not very rich,so when we wanted to buy and car or a house,we have to apply for loan.At the different age level we need different loans.
Age 18-28 Student loans
Age 20 onwards - Car loans,personal loan
Age 25 onwards - Home Loans/house loans,Property loan
this is what is know recently,if u think of another loans,please share with us ya.