Once these are confirmed, getting a large
unsecured personal loan becomes easier.
So, the risk of defaulting on
an unsecured personal loan becomes practically nil.
Not exact matches
Some signs of competition among banks for
personal lending have also
become evident, especially for secured and
unsecured fixed - rate
personal instalment
loans.
Personal unsecured loans are
becoming very popular today among all credit grades.
Besides, the interest rate is low enough not to
become an issue and comparatively it is lower than credit cards,
personal loans, and generally any other type of
unsecured loan.
SoFi also
became the first
Unsecured Personal Loan issuer to get AA ratings by Standard and Poor's, DBRS, and Kroll.