signature loan

a loan requiring no collateral.

* * *


Universalium. 2010.

Look at other dictionaries:

  • Signature Loan — A type of personal loan offered by banks and other finance companies that uses only the borrower s signature and promise to pay as collateral. A signature loan can typically be used for any purpose the borrower chooses, although the interest… …   Investment dictionary

  • signature loan — A good faith loan that is unsecured and requires only the borrower s signature on the loan application. Bloomberg Financial Dictionary * * * signature loan UK US noun [C] FINANCE, BANKING ► UNSECURED LOAN(Cf. ↑unsecured loan) …   Financial and business terms

  • signature loan — sig′nature loan n. bus a loan requiring no collateral …   From formal English to slang

  • signature loan — noun : a loan granted without security * * * a loan requiring no collateral …   Useful english dictionary

  • signature loan —  An unsecured loan …   American business jargon

  • signature loan — Fin [m1]see unsecured loan …   The ultimate business dictionary

  • Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… …   Wikipedia

  • Signature line of credit — A signature line of credit is a revolving line of credit that is not backed by collateral; i.e., the sole criterion for the decision to grant the loan and establish the terms thereof is an assessment of the customer s credit rating. Also known as …   Wikipedia

  • Unsecured loan — An unsecured loan is a loan that is not backed by collateral. Also known as a signature loan or personal loan .Unsecured loans are based solely upon the borrower s credit rating. As a result, they are often much more difficult to get than a… …   Wikipedia

  • Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.