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

Perkins Loans FAQs

Perkins loans are very low cost, but scarce

Quick and Safe Funding Available @ 3

Dear Sir/Madam With 100s of loans we can select the right one just for you whatever your circumstances, self employed, retired, have CCJs or a poor credit rating, we could help.

Where the VSAC is now

Many people stop me on the street to ask what’s in store for Vermont Student Assistance Corp., and the Vermonters we serve, in the wake of legislation eliminating our role as a federal education loan provider.

Charles 'Mark' Tuggle Named Chair of Consumer Bankers Association's Collections Committee

BBVA Compass announced today that Charles "Mark" Tuggle, senior vice president and director of Collections, has been named to serve as chair of the Consumer Bankers Association's Collections Committee.

Know more about these tax deductions

Would you like to save some tax money? Have you made use of all the tax deductions that the law provides? There may be eligible deductions in many of the expenses that you incur.

Colleges judged by loan repayment

Students can spend thousands of dollars on college after doing less comparison shopping than they would choosing a cell phone.

Gulf NRIs core focus

Gulf NRIs core focus