Unsecured loans, unlike mortgages or auto loans, don’t require any collateral. This means you don’t have to deal with as much paperwork when applying and that you can use them for almost any reason, making them a useful financial tool.

Our company receives compensation from partners seen on our website. Here's how we make money. Our research, news, ratings, and assessments are scrutinized using strict editorial integrity. Our editorial staff does not receive direction from advertisers on our website.