Cryptocurrency Q&A
Can loan be taken without collateral?
Can loan be taken without collateral?
SkylitEnchantment
Wed Dec 04 2024
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7 answers
1640
I'm wondering if it's possible to obtain a loan without having to provide any collateral. I'm curious about this because I don't have any assets to use as collateral but still need a loan.
7 answers
ShintoSanctuary
Fri Dec 06 2024
The eligibility criteria for collateral-free loans can vary depending on the lending institution.
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Emanuele
Fri Dec 06 2024
One common criterion is the age of the applicant, with certain age ranges being more favorable.
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Enrico
Fri Dec 06 2024
Monthly income is another significant factor, as it indicates the borrower's ability to repay the loan.
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CryptoBaron
Fri Dec 06 2024
A personal loan can be an option for those seeking funds without providing collateral.
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Leonardo
Fri Dec 06 2024
The CIBIL Score, which reflects the individual's creditworthiness, is also taken into consideration.
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