Unsecured loans are not backed, or secured, by an asset such as a house, car or savings account. Personal loans are commonly unsecured loans used to consolidate debt or cover a large expense. Qualifying depends mainly on your creditworthiness rather than the value of an asset you pledge. If you’re considering an unsecured personal loan,... Steve Nicastro is a writer at NerdWallet.
Comment on Unsecured Personal Loans: What to Know About This No-Collateral Option
Steve Nicastro, NerdWallet.com
Mon, 06/10/2019 - 12:40pm
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