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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.
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 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.
Can you provide an example of an unsecured note?
An example of an unsecured note is a personal loan where the borrower does not provide any collateral, such as a car or house, to secure the loan.
Is there any word in the dictionary as unsecured?
Yes in the OED (Oxford English Dictionary) its quoted as "Not made secure or safe: i.e"the person had been responsible for leaving the room unsecured"
Is Bond is secure or unsecured debt?
Bonds are norally something a person owns as an asset, not debt.
Are Unsecured loans tied to property or collateral?
i like to know wt is collectrol properties
What is the least secure and if possible should NOT be used on a network?
Unsecured wireless network without MAC filter.
How can you recognize an unsecured wireless network?
If you go on a wireless network that isn't secure it doesn't require a password to get on. Starbucks is a perfect example of a unsecured wireless network.
Is a credit card considered an unsecured loan?
Yes, a credit card is considered an unsecured loan because it allows you to borrow money without providing collateral, such as a house or car, to secure the debt.
What are some examples of unsecured credit?
Examples of unsecured credit include credit cards, personal loans, and student loans. These types of credit do not require collateral, such as a house or car, to secure the loan.
How do secure and unsecured loans differ?
With a secured loan, you back up your loan with some sort of financial guarantee like some assets. With an unsecured loan you only have your credit to back up the loan.
