Question

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.

Answer 1

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

Answer 2

Answer:

B. a loan where no collateral is needed.

Explanation:

Person above is correct.