A simple example of an unsecured loan is buying something using your credit card. When you authorise payment using your card, you are entering into an agreement to pay back the money you have borrowed based on the contract you signed when you took out the card initially
The information on this website does not constitute financial advice. Any information should be considered in the context of specific circumstances. You are cautioned to satisfy yourself as to the suitability of any information and recommendations for the purposes intended prior to use. All information is used at your own risk and should be followed up by your own research.
