This explainer video was made for Clarifi by Next Day Animations to explain how a loan works.

In order to buy what we want or need, we usually need to borrow money from a financial institution like a bank or credit union. This animated explainer video was created by Clarifi to explain the process of getting a loan, including an explanation on principal, fees, and interest. Repaying a loan is a critical piece of building your financial future, and Clarifi created this video to support viewers in understanding how a loan works.

Got an idea that needs explaining? Get started on your explainer video today by calling (202) 7470404 or visiting us at www.nextdayanimations.com