I'm looking for information about loans that don't need any collateral. I want to know which types of loans offer this feature, as I'm interested in borrowing money without having to put up any assets as security.
7 answers
DongdaemunTrendsetterStyleIcon
Tue Dec 17 2024
Lenders assess the borrower's creditworthiness based on their credit history and score.
SolitudeSeeker
Tue Dec 17 2024
Unsecured loans are financial products that do not require collateral such as property or other assets.
JejuJoyful
Tue Dec 17 2024
These loans are alternatively known as signature loans or personal loans.
EnchantedNebula
Tue Dec 17 2024
The approval process for unsecured loans primarily focuses on the borrower's credit score.
SilenceSolitude
Mon Dec 16 2024
The terms and conditions of unsecured loans, including approval and receipt, are dependent on this credit assessment.