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Can I still receive a loan if I don’t have any collateral to offer?

Curious about Collateral

Can I still receive a loan if I don’t have any collateral to offer?

Yes, you can still receive a loan if you don’t have any collateral to offer. These loans are called unsecured loans and are typically offered based on the borrower’s creditworthiness and ability to repay the loan. The lender may require additional documentation and may charge a higher interest rate compared to a secured loan, but it is possible to get an unsecured loan without collateral.

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