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What Is a Signature Loan?

A signature loan is a type of personal loan that doesn’t require collateral. It’s often also called an unsecured personal loan. Try This: 5 Subtly Genius Moves All Wealthy People Make With Their Money ...
Meredith Mangan is a senior editor and expert on personal loans. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned ...
A signature loan is another name for an unsecured loan. With a signature loan, you don't need to offer collateral for the loan. In some cases, lenders will approve signature loans on the same day.