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  2. Unsecured debt - Wikipedia

    en.wikipedia.org/wiki/Unsecured_debt

    Unsecured debt. In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. [1] Unsecured debts are sometimes called signature debt or ...

  3. What is an unsecured loan? - AOL

    www.aol.com/finance/unsecured-loan-204331407.html

    Unsecured loans are available as revolving debt — a credit card — or an installment loan, like a personal or student loan. Installment loans require you to pay back the total balance in fixed ...

  4. What is an unsecured business loan and how does it work? - AOL

    www.aol.com/finance/unsecured-business-loan-does...

    An unsecured business loan is a type of business loan that doesn’t require any collateral. Collateral is an item of value that you use to secure a loan. Having collateral reassures the lender ...

  5. Pros and cons of unsecured business loans - AOL

    www.aol.com/finance/pros-cons-unsecured-business...

    Unsecured business loans are riskier for the lender than secured loans. With a secured loan, the lender can take the collateral to recover losses if you fail to make payments. With an unsecured ...

  6. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    Business loan. A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans ...

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    In finance, a loan is the transfer of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money ...

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