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.

  • What to Know About Unsecured Personal Loans
    Others use personal loans to finance personal expenditures, such as home renovations or medical bills. The term unsecured simply means that no collateral is required to obtain the loan.
    02/8/2019 - 8:26 am | View Link
  • Plunge in number of people with unsecured loans as curbs take effect
    Unsecured debt includes debt on credit cards, overdraft facilities and personal loans for which there is no collateral. It usually attracts higher interest - upward of 24 per cent in the case of ...
    06/8/2017 - 6:00 pm | View Link
  • Choosing between secured, unsecured loans
    When shopping for a personal loan, you may be able to choose between a secured and an unsecured loan. Before you choose, learn about the many differences between these loans, as presented by ...
    01/10/2017 - 11:02 am | View Link
  • Understanding banking products: Unsecured loan
    Advantages of unsecured loans You can normally qualify for an unsecured loan without having substantial assets. Since there is no collateral required, you do not risk losing any personal property ...
    10/18/2016 - 1:48 pm | View Link
  • Unsecured Medical Group Provides Trusted Finance and Unsecured Business Loans to Medical Professionals
    Personal loans are also available to provide working ... Unsecured Medical Group’s business loans require no collateral and no up front fees! Business loans may be approved within 24 hours ...
    08/8/2016 - 1:00 pm | View Link
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