A loan granted on the basis of a borrowers creditworthiness and signature; not secured by collateral.

The borrower is not offering any form of security for the loan, and the lenders are satisfied the credit history is sufficient to allow them to lend without requesting any security.

Astrive student loans are unsecured. With an unsecured loan, nothing is held as collateral against the loan amount borrowed.

A loan where no security is required but high rate of interest is charged with short repayment period.

SunTrust private education loans are unsecured. With an unsecured loan, nothing is held as collateral against the loan amount borrowed.

A loan extended solely on the borrower's ability and promise to repay.

An unsecured loan is bank credit extended without collateral.

This is a type of loan where the loan is not guaranteed, opposite of Secured loan. Your car will not be repossessed if you miss loan payments, but you might get your financial history and credit rating badly affected.

A loan which does not require any equity or security to take out the loan. Ideal for tenants and non-homeowners.

A loan that is not secured on property or goods.

An unsecured loan is a loan where the lender has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher interest rate than a secured loan.

a personal loan where no collateral is needed to guarantee repayment.

Any loan that is not secured against any collateral.

A loan made without collateral; any loan approved solely on the borrower's promise to repay the debt.

A loan made without the benefit of a pledge of collateral.

This is a type of loan that does not require you to use your home as security.

Loan where no security is needed to guarantee repayment.

Debt obligation not backed by the pledge of collateral.

A Homeowner will take out an unsecured loan because they don't want to use their home for security against the Loan. They might not be able to use the house due to negative equity. Interest Rates are usually higher than Secured Loans.

A mortgage not backed by collateral

An unsecured loan refers to a loan made without collateral such as cash, a house or a car which the lender would have recourse to should you not repay your loan. Our loans are unsecured.

A loan that is not backed by collateral.

A loan that is not secured by collateral.

A loan which is not secured by collateral.

A loan for which you don't have to put up an asset, such as your home, as security that the loan will be repaid.

A type of loan that does not require the borrower to provide the lender with collateral. Typically, unsecured loans carry higher interest rates and often require a co-signer.

A loan that does not require any security. This may be because the borrower has a good financial position or credit rating. Such borrowers may be classed as 'Clean'.

loan that is not secured by a mortgage on a specific property. It is backed only by the borrower's credit rating. Unsecured loan are typically short term. The disadvantages of this kind of loan are that, because it is made for the short term and has no collateral, it carries a higher interest rate than a secured loan and payment in a lump sum is required.

A personal loan that is not secured against a property. The lender will simply take into account the employment and credit status of the individual when assessing their suitability for a loan.

A loan whose repayment isnâ€(tm)t guaranteed by either collateral or a third party.

Loan that has no collateral covering that the creditor can seize if the borrower defaults. Almost all credit or charge cards fit into this category. The weakest position to be in during tough financial times, unsecured creditors are the largest employers of third-party debt collectors.

A loan obtained without pledging any security. That is, no collateral, no co-makers, no guarantors. etc. back the loan.

A loan in air, with no asset pledged as collateral or security for it.

A credit agreement in which the lender’s only security is the credit user’s signature and personal financial situation as demonstrated through the credit application.

An advance of money that is not secured by collateral.

A personal loan that is of no risk to the clients property.

An unsecured loan is not backed by collateral, and hence represents greater risk to the lender. The lender may require a co-signer on the loan to reduce their risk. If you default on the loan, the co-signer will be held responsible for repayment. Most educational loans are unsecured loans. In the case of federal student loans, the federal government guarantees repayment of the loans. Other examples of unsecured loans include credit card charges and personal lines of credit.

A loan based on your promise to repay, not on pledged collateral. Compare secured loan.

A loan made with no collateral posted to ensure repayment.

A loan that is not backed up by assets or guarantee.

This is a Loan which is not secured against the borrowers property.

A loan for which no security is required. Dependent on the credit history of the applicant.

A loan based on your promise to repay instead of collateral.

A loan that does not offer collateral such as a home or an automobile, as security for repayment of the loan. Typically unsecured loans will be assigned a higher interest rate than a secured loan because the lender does not have collateral to take back if the borrower does not make timely payments.

A loan not secured by specific collateral but by the income and creditworthiness of the borrower.

Type of arrangement in which borrower has no form of backing or collateral to put forth in exchange for the money he | she is borrowing.

A loan requiring no physical or "real" collateral.

A loan to be used for any purpose. The credit rating or financial position of the applicant is such that no security for the loan is required.

A loan based on your credit history. There is no asset that is used as collateral.

Any loan that is not backed by collateral.

Funds loaned with no pledge of collateral or with collateral.

A loan for which the borrower does not give the lender the right to possess certain assets if the repayment terms are not met; there is no collateral.

A loan that is not secured against property. The lender therefore has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher interest rate than a secured loan

A loan based on a consumer's promise to pay, without savings or other collateral as a guarantee. Sometimes called a signature loan.

A loan made only on the signature and credit of the borrower and, thus, not secured by collateral. By definition, a loan in which property is used to secure the debt is a secured loan.

A loan granted based only on the borrower's promise to repay.

A debt that isn't backed by collateral. Unsecured loans, like credit card debt, doctor bills and student loans, don't require you to sign an agreement pledging collateral, such as property, to secure the loan. If you fail to pay an unsecured loan, the creditor can only take you to court to get their money. Mortgages and car loans, though, are secured loans. So, in case of default, the lender can take back the collateral - the property or the car - and sell them to pay off the loan.

A loan granted upon the good credit of the borrower. No collateral involved.

A type of loan that is given to a borrower without collateral such as property that is acceptable as security for the loan.

A loan not secured againt any asset may be used for any purpose by the borrower. You need a good regular income and a good credit history to qualify for a loan without any security.

VA loan

A loan that has no collateral pledged as security.

A bank loan that is issued and supported only by the borrowers creditworthiness, rather than by some sort of collateral.

Unsecured loans are loans that are not guaranteed with any asset, so that the risk of repossession does not exist. Though the lender can still take legal action in order to recover the money, such a legal process would be significantly longer and more expensive than with secured loans.