Currently there are two types of loans, one is a bank loan and the other is a private loan. Those who don’t go to banks use private loans, that is, they mortgage their houses, vehicles, etc. and borrow money. There are two types, one is small loans, and the other is usury. Small loans are for smaller amounts and the interest rates are slightly higher than those of banks. Usury loans are for larger amounts and the interest rates are much higher than those of banks.