Unsecured lines of credit are not backed by collateral provided by the lender. The most prevalent types of unsecured credit lines include credit cards and other revolving credit lines.
What is an unsecured loan?
Updated over a month ago
What is an unsecured loan?
Unsecured lines of credit are not backed by collateral provided by the lender. The most prevalent types of unsecured credit lines include credit cards and other revolving credit lines.