What Is A Signature Loan And How Does It Work?

What Is A Signature Loan And How Does It Work?

A signature loan, often dubbed a “good faith loan,” is an unsecured personal loan offered based on the borrower’s creditworthiness. Imagine it as a nod of trust from lender to borrower—no collateral required, just the power of your signature.

What Is An Unsecured Loan?

What Is An Unsecured Loan?

An unsecured loan, a beacon for those without collateral, allows individuals to borrow based on trust and creditworthiness. Unlike secured loans, there’s no asset to back it up, making it a flexible yet riskier option for both borrowers and lenders.