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How would I get an unsecured loan?

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Anonymous

11y ago
Updated: 9/16/2019

Well, if you are in need of money, and your credit score is low, you aren't going to get an unsecured loan. You should try to get a bad credit loan, if you need it but the interest rates will be high. Just ask your local bank what you qualify for.

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Wiki User

11y ago

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What is a loan that is linked to an asset called?

An unsecured loan An unsecured loan


Where would be the most likely place to obtain an unsecured loan?

It depends on what region you are from and what companies you prefer to use. The common place to get an unsecured loan would probably be at unsecuredloansource.com/


What is the difference between secured and unsecured loan?

A secured loan would be a car loan for example. The car is used as collateral for the loan. A signature loan would be an unsecured loan. The only thing the lender would do is look at your credit worthiness and make you a loan based on you simply saying you'll pay them back.


Can you get an unsecured loan with bad credit?

It is very difficult to get an unsecured loan with bad credit. This is because of the nature of the loan. When a person gets an unsecured loan, it means there is no collateral to back the loan up with.


Which of the following loan types is considered an example of an unsecured loan?

A personal loan is an example of an unsecured loan, as it does not require collateral to secure the loan.


Can you go to prison for unsecured loan in Ireland?

can i go to prison for unsecured loan in ireland


What is an example of an unsecured loan?

An example of an unsecured loan is a personal loan, where the borrower does not need to provide collateral such as a house or car to secure the loan.


What is an unsecured bad debt loan?

An unsecured loan would be one where the lender is relying on the borrower's promise that the loan will be paid back. There is no collateral involved and that is risky. Bad debt would be considered consumer debt or one that cannot be recovered.


Is a credit card considered a secured or unsecured loan?

A credit card is considered an unsecured loan.


How can a personal loan be unsecured?

There are many kinds of personal loans that can be unsecured. When a loan is unsecured it just means that it isn't as protected as a regular loan and how more red tape to cross.


Can you provide an example of an unsecured loan?

An example of an unsecured loan is a personal loan, where the borrower does not need to provide collateral such as a house or car to secure the loan.


Is a mortgage considered an unsecured loan?

No, a mortgage is not considered an unsecured loan. It is a secured loan that is backed by the collateral of the property being purchased.