A type of loan that is given to a borrower without collateral. Collateral can be anything from a property to a car and acts as a form of security for the loan. If the loan is not paid back, the lender is entitled to the collateral.
A type of loan that is given to a borrower without collateral. Collateral can be anything from a property to a car and acts as a form of security for the loan. If the loan is not paid back, the lender is entitled to the collateral.
