What is the meaning of Unsecured Loan?

Unsecured Loan is a loan to be used for any purpose. The credit rating or financial position of the applicant is such that no security for the loan is required.

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APABarry Goldsmith. (2010). unsecured loan. Retrieved September 26, 2026, from http://smartdefine.org/unsecured_loan/definitions/1166003
ChicagoBarry Goldsmith. 2010. "unsecured loan" http://smartdefine.org/unsecured_loan/definitions/1166003 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, unsecured loan, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/unsecured_loan/definitions/1166003>.
MLABarry Goldsmith. "unsecured loan" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/unsecured_loan/definitions/1166003>