What are Unsecured Personal Loans?

Unsecured personal loans are personal loans that can be undertaken without the need to secure the loan against collateral, such as a property or a car. This makes unsecured personal loans a good idea for people who do not own their own home and for people who have no other type of collateral to secure personal loans against.

Usually the amount you can borrow with an unsecured personal loan is less than with a secured personal loan. Typically the APR on unsecured loans is higher than too. It is not impossible, however, to find an unsecured loan of up to