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unsecured loans useful for those who don't have asset

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Money Talk > Personal Finance

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danieljohns
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unsecured loans useful for those who don't have asset  Reply with quote  

An <unsecured loan> can be a dream come true for people without any property. If the banks or lenders are hesitating to lend the resources needed due to the size or age of the person, an unsecured loan may be able to help take the store where it needs to go. These loans are offered on the basis of credit rating of the people, and can be used for a variety of needs, as well as for any type of business.

Oftentimes traditional financial institution will not lend to a new or small establishment because of their present lack of resources or property. Unsecured loans do not require the company to secure an asset or property in order to receive the loan. Instead, the lender qualifies the financing based on personal credit. When applying for a cheap unsecured loan, the lender will also consider the strength of the establishment or of the person, as well as the ability to repay the money.

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Post Sat Jun 17, 2006 1:26 pm
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xboxundone
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most unsecure loans have crazy rates for the loans... you are better with going with a secured loan if at all possible!

Post Mon Jun 19, 2006 10:12 pm
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nkthen
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quote:
Originally posted by coaster
Sorry, but it smells like a promotional post to me. But because it contains useful information, I'll just delete the urls and let the thread stand.

New members are advised to check out the rules before posting promotional threads. We do allow promotions when certain criteria are met. When they're not, the threads usually get sent to the slammer.


Great job in checking spam posts. New users please read the rules before posting.
Post Tue Jun 20, 2006 3:23 am
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