What is an unsecured loan? A. a loan where the borrower offers collateral for a loan. B. a loan where no collateral is needed. C. a low interest loan. D. a loan that can be approved quickly.

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asked Nov 5, 2018 20.3k views

3 votes

What is an unsecured loan?

A. a loan where the borrower offers collateral for a loan.

B. a loan where no collateral is needed.

C. a low interest loan.

D. a loan that can be approved quickly.

Business
high-school

Webdeb asked

by Webdeb

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2 Answers

5 votes

Answer:

B. a loan where no collateral is needed.

Step-by-step explanation:

Person above is correct.

Rastislav Komara answered Nov 6, 2018

by Rastislav Komara

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3 votes

A loan which requires no collatoral and high credit ratings. B is the answer.

Anitha Mani answered Nov 11, 2018

by Anitha Mani

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