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Can I get a loan without collateral?

Curious about Collateral

Can I get a loan without collateral?

Yes, you can get a loan without collateral. These are typically known as unsecured loans and are granted based on your creditworthiness and ability to repay the loan. Unlike secured loans, unsecured loans don't require collateral to be pledged as a guarantee against the loan amount. However, because there's no collateral involved, unsecured loans may have higher interest rates and stricter eligibility requirements.

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