Amazines Free Article Archive
www.amazines.com - Thursday, January 23, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133326)
 Advice (160998)
 Affiliate Programs (34736)
 Art and Culture (73698)
 Automotive (145681)
 Blogs (75065)
 Boating (9841)
 Books (17218)
 Buddhism (4125)
 Business (1328653)
 Business News (426321)
 Business Opportunities (366271)
 Camping (10962)
 Career (72737)
 Christianity (15846)
 Collecting (11637)
 Communication (115053)
 Computers (241955)
 Construction (38999)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6568)
 Crafts (18205)
 Cuisine (7539)
 Current Affairs (20394)
 Dating (45782)
 EBooks (19687)
 E-Commerce (48205)
 Education (185262)
 Electronics (83503)
 Email (6395)
 Entertainment (159843)
 Environment (28938)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110901)
 Fashion & Cosmetics (196391)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310291)
 Fitness (106205)
 Food & Beverages (62874)
 Free Web Resources (7938)
 Gambling (30229)
 Gardening (25112)
 Government (10514)
 Health (629628)
 Hinduism (2205)
 Hobbies (44046)
 Home Business (91561)
 Home Improvement (251375)
 Home Repair (46146)
 Humor (4825)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29560)
 International Property (3485)
 Internet (190991)
 Internet Marketing (146346)
 Investment (22826)
 Islam (1167)
 Judaism (1356)
 Law (80519)
 Link Popularity (4592)
 Manufacturing (20842)
 Marketing (98791)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9480)
 Non-Profit Organizations (4048)
 Online Shopping (129617)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38079)
 Poetry (2234)
 Press Release (12676)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126633)
 Recreation & Leisure (95293)
 Relationships (87564)
 Research (16159)
 Sales (80325)
 Science & Technology (110227)
 Search Engines (23462)
 Self Improvement (153103)
 Seniors (6233)
 Sexuality (35943)
 Small Business (49288)
 Software (82996)
 Spiritual (23468)
 Sports (116087)
 Tax (7658)
 Telecommuting (34068)
 Travel & Tourism (307501)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11728)
 Website Design (56833)
 Website Promotion (36574)
 World News (1000+)
 Writing (35776)
Author Spotlight
JIM TURNER

Jim Turner is a USA based author of Legal issues related to estate planning, will & trust , busyness...more
ELLIOT CHANG

Financial analyst and author writing on economy and business. ...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
ANISH SAH

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more


Know What To Look For In An Unsecured Personal Loan by Jon Arnold





Article Author Biography
Know What To Look For In An Unsecured Personal Loan by
Article Posted: 03/07/2008
Article Views: 151
Articles Written: 781
Word Count: 553
Article Votes: 0
AddThis Social Bookmark Button

Know What To Look For In An Unsecured Personal Loan


 
Finance & Investment
Many people looking for loans of various types consider an unsecured personal loan. There are advantages and disadvantages to these loans. An unsecured personal loan is not the answer to every person's borrowing needs. Here is some information about unsecured personal loans to help you make an informed decision.

An unsecured personal loan is a loan that is given based on the applicant's credit worthiness alone. These are often called personal loans or signature loans. You usually do not have to give a purpose for the loan, and can use the funds for whatever you wish. There is no collateral securing the loan. These differ from secured personal loans because of the lack of collateral.

Because these loans do not have anything guaranteeing them, the rate will always be higher than a loan that has collateral. If you have the means to obtain a secured loan, this is typically a more cost effective move due to the high interest rates associated with an unsecured personal loan. The reason that the rate is so much higher is because of the risk to the lender. If you should default on the loan, they have limited means by which to reclaim their money.

In order to obtain an unsecured personal loan, there are some things that are usually required. You must have gainful employment. The longer you have been at your job, the better it will look on your application. Most lenders require two forms of identification to thwart identity theft. Owning your home, even if you are not using it for collateral, is a plus because it indicates stability. Your debt to income ratio will obviously play a part in the approval process, since it shows whether you can support a new loan or not. Individual lenders will have different requirements, so be sure to ask so you will know what to expect.

A borrower's credit score plays a large role in whether an unsecured personal loan will be approved or not. Because there is no collateral involved, a lender must rely on other factors, like your credit score, to determine whether you are a good credit risk or not. Usually to obtain an unsecured personal loan your credit should be above average. Again, not all borrowers are so strict. It is possible to be approved for an unsecured personal loan with less than perfect credit, but your interest rate will take a significant hike. Make sure there is no pre-payment penalty, which some lenders will assess to make sure they can collect all possible interest.

There are many lenders who offer unsecured personal loans. It is important that you deal with a reputable lender. Ask about any terms that you are unfamiliar with and try to keep the term as short as possible. Make sure that you read all of the fine print before you sign, because there is no right of rescission on these loans. Once you sign on the dotted line, you are committed. That said, if you are smart about it and do some shopping around, including online, you can find a great deal on an unsecured personal loan. For more insights and additional information about getting an Unsecured Personal Loan as well as getting a free no-obligation personal loan quote online, please visit our web site at http://www.personalloantips.com

Related Articles - unsecured personal loan, personal loan,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
STEVE BURGESS

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license