An unsecured loan is granted, it does not necessarily have to be based on a credit score. For example, if your friend lends you money without any collateral, meaning something of worth that can be repossessed if the loan isn't repaid, then your credit score because they are not your friend and it is strictly a business transaction, therefore your good name may be associated with your historical payment history on prior debt, reflecting in your credit score. There are three types of unsecured loans. First there is a personal unsecured loan, meaning a loan that is not backed by collateral. Also known as a signature loan or personal loan. Unsecured loans are based solely upon the borrower's credit rating. As a result, they are often much more difficult to get than a secured loan, which also factors in the borrower's income. An unsecured loan is a loan that is not backed by any object of value and is lent to you based on your good name. For financial institutional purposes, they may want to look at your

FastWeb Insider Secrets: Education Loans

Financial aid is a complicated topic with an alphabet soup of acronyms like FAFSA and EFC, rolling deadlines and (seemingly) endless form, rules ...

Applying for US Department of Education Loans

"Hi, my name is Brooke Kramer and I am the Financial Aid Officer at Argosy University in Salt Lake City, and today I'm going to tell you ...

Student Loans : Applying for US Department of Education Loans

The first thing to do when applying for US Department of Education loans is to complete the FAFSA. Find out what awards a student is eligible for ...

Student Loans: Video Series | eHow Videos

Sberbank student loans to ease access to higher education

Russia's top lender Sberbank and the government have introduced new subsidized student loans to help young people afford the best universities ...

What Stimulus Means for Education Loans

Will the stimulus package help education?

bank of india

new ad ... bank of india advertising ...