Phrases with «unsecured lending»

"Unsecured lending" refers to a type of loan or credit where the borrower does not need to provide any collateral or assets as security for the loan. This means that the lender does not have any claim on the borrower's possessions if they fail to repay the loan. Full definition

lending (parent phrase)
unsecured (parent phrase)

unsecured lending

Sentences with «unsecured lending»

Instead of requiring collateral to obtain financing, unsecured lending uses several other factors to judge the eligibility of a loan applicant. (snapcap.com)
The main issue with unsecured lending is that the lender is not protected in the event that the borrower defaults on the repayments. (badcreditloanservices.com)
MPA has partnered with fintech lender Prospa to find out how brokers can make unsecured lending into an ongoing... (prospa.com)
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Phrases with «unsecured lending»

Sentences with «unsecured lending»

See also