Do I need to provide collateral for a loan?

Asked 6 months ago
No, you do not need to provide collateral for a loan with Solution Loans. Unlike traditional lenders that often require collateral to secure a loan, Solution Loans offers unsecured loans that do not require any form of collateral. This means that you do not need to pledge any assets, such as your home or car, as security for the loan. Instead, Solution Loans considers other factors such as your creditworthiness, income, and employment history to determine your eligibility. By offering unsecured loans, Solution Loans provides flexibility and convenience to borrowers who may not have valuable assets to use as collateral. This allows you to obtain the funds you need without the risk of losing your assets in case of non-payment.
Jeff Whelpley is the editor / author responsible for this content.
Answered Nov 2, 2023

Need further help?

Type out your followup or related question and we will get you an answer right away.

Solution Loans

Find a list of many popular Solution Loans questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.
Solution Loans Customer Service FAQAsk a Question
Was this page helpful?
Thank you and please share!
Thank you and please share!
Needs work
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!