How long will be repayment period for each type of loans

Repayment period for each type of loan varies from the purpose it has been taken for. For example a Secured loan, home loan, car loan, consolidation loan, holiday loan, etc were loans taken for specific purposes, therefore, the repayment time for each varied.

Similarly for an unsecured loan the repayment should be done within 2-3 years of taking the loan, if the loan is repaid on time. It depends on the amount which has been allowed to you as a loan.

Bridging loans are for a small amounts therefore you can expect repayment of these loans in a year or maybe two years and not more than that since bridging loans are not full amount loans.

Commercial mortgage loans are the loans taken after keeping commercial property as mortgage with the loan company, therefore it becomes a secured loan, it can be repaid within the time decided by the loan company, and the amount of loan taken by the person.

Bad Credit loan is given to a person with bad credit record; these loans are of smaller amounts and are supposed to be paid back within a year or two. It all depends on how much amount the person has taken as loan, but bad credit loans are not higher amount loans.

Adverse Credit loans are given to the people with adverse credit record, these loans are small in amount since the companies would not risk giving a large amount to a person with adverse credit record, and these loans are expected to be repaid back within a year.

The loan repayment period depends on the amount of loan and the purpose for what the loan is being taken and by whom. The large period loans are secured loans, home loans and car loans since these are for acquisition of assets of a high value.