将如下信息改写为更加简洁、精炼的英文格式。谢谢！

贷款基本知识：贷款就是把钱借给某人，通常是有期限的，即在一定时间内必须还清。贷款的种类有很多，如个人贷款、房屋贷款、汽车贷款等。贷款时，通常需要提供担保或者抵押物。贷款的利息是指借钱的成本，通常是按年计算的。贷款申请的流程包括提交申请、审核、批准、放款等步骤。
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Basic Loan Knowledge:
Loans involve lending money to someone with a set repayment term. Types include personal, house, and car loans. Collateral or guarantees are often required. Interest, calculated annually, is the borrowing cost. Application process: submission, review, approval, disbursement.
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