What are the financial loan services?

Financial service refers to the multiple functions of the whole financial industry to promote economic and social development. Specifically, financial services refer to various services provided by financial institutions to customers through business activities, including financing and investment, savings, credit, settlement, securities trading, commercial insurance, financial information consultation and so on. Loan services, such as collecting monthly repayment, keeping loan progress report, ensuring payment of taxes and insurance premiums, and urging overdue borrowers to repay. Loan management is not necessarily the lender, but sometimes the intermediary agency is responsible.