- signature loan
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a loan requiring no collateral.
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Universalium. 2010.
signature loan
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
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
Payday loan — A shop window in Falls Church, Virginia advertises payday loans. A payday loan (also called a paycheck advance) is a small, short term loan that is intended to cover a borrower s expenses until his or her next payday. The loans are also sometimes … Wikipedia
