Spend the money on whatever you want, but you will have to pay all of it back, it doesn't matter what you spend the money on; i recommend paying off bills or tuition or any other important stuff of that sort(:
People take out loans for several different reasons but the main thing is that they need money to pay for things. You can get loans from several places. For example, banks, credit unions and other...
A loan holiday is some period of time (e.g., one payment period, two payment periods, etc.) where the borrower is not required to make a payment and will not be penalized as a result. For most loans,...
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.
Providing that you have the correct credit profile (we ARE in a recession) then you can go into practically any bank. You can also surf on-line for more information and money comparison websites...