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An unsecured loan is a loan which does not require you to provide collateral (such as a motor vehicle) to the lender. onemain mortgage services, Inc. is a Registered New York Mortgage Loan Servicer. For Housing Counselors in the State of Washington, please email us at the following link in regards to your customers loan modification status.
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A personal loan is a loan taken out for a short period of time, usually between two and five years. The length of time is fixed and does not fluctuate, unlike a credit card or line of credit. Most personal loan amounts are between $1,000 and $100,000, depending on your need and creditworthiness.