Unsecured loans are loans that don’t require collateral. They’re also referred to as signature loans because a signature is all that’s needed if you meet the lender’s borrowing requirements.
Unsecured loans are sometimes known as signature or good faith loans because only your signature confirms your promise to repay the loan. Credit cards, personal loans and student loans are all ...
A signature loan is a type of unsecured personal loan that is backed solely by the borrower's signature as a promise to repay ...