What is unsecured bank credit?

Answer Unsecured bank credit is a loan that a lending institution offers to an individual without any need for collateral, only an agreement from the debtor to guarantee repayment of the loan.Significance... Read More »

Top Q&A For: What is unsecured bank credit

How to Find an Unsecured Credit Card for People With No Bank Account?

You don't need a bank account to apply for an unsecured credit card, and finding unsecured cards is relatively easy. Another type of credit card---a secured card---requires you to maintain a saving... Read More »

Unsecured Credit Cards for People With Poor Credit?

Once your credit falls apart, your options for opening a credit-card account are limited. You will need unsecured credit credit cards to rebuild your credit and make purchases that require a deposi... Read More »

How to Find Unsecured Credit Cards With Bad Credit?

For individuals who have negative marks on their credit ratings, borrowing money can be a lot tougher than it is for those with excellent credit scores. Finding a variety of lending options with ba... Read More »

Can Unsecured Debt Be Garnished From a Bank Account?

When you fail to pay a secured debt, such as a mortgage loan, your lender has the option to lay claim to the collateral you used to qualify for the loan or line of credit. Unsecured debts, however... Read More »