The unsecured loan
by admin on 16/03/09 at 3:15 pm
“Cheiros” in greek means “signature” or “writing”. The unsecured loan is a loan that is not based on guarantees of real goods, but only on the signature affixed by the applicant.
There are two types of unsecured loans:
- The unsecured loan for firms
- The loan unsecured personal
The unsecured loan is open for companies to purchase goods or services for the company. Its duration is short, from 4 to 6 years. Nearly all the characteristics of a normal mortgage, and is excellent for what they call a loan unsecured.
The unsecured loan for private (or personal) is identical to the personal loan. And unlike the company does not have a purpose and can be spent as they believe. To have this freedom, however, his interest rate is higher than usual (about 4% more than the average).
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