No collateral loans free your assets from legal entanglements while delivering the cash you need to cover temporary financial shortages. We can help you find the cash you need in loans up to $5,000. One submission form is all you need to tap into our wide-ranging network of lenders and financial connecting services. You can receive loans without collateral requirements for all kinds of borrowers, with many benefits as well.

  • People with Bad Credit and Those Without Credit Histories
    Most working people can find a short-term loan without using collateral. Most traditional lenders require high credit scores or collateral to approve your loan, but borrowers can get no collateral loans even with bad credit.
  • Direct Deposit
    The money can be deposited directly to your bank account.
  • Easy Loan Request Process
    You can complete the form in about three minutes, and you can do so from your home, office or anywhere with a smartphone, bank account and Internet connection.
  • Security and Privacy
    Needing cash embarrasses some people, but you never need to worry because your application remains confidential and securely encrypted.
  • Fast Processing
    After submitting your application process, you can get your money after a short wait in most cases.
  • Avoid Embarrassing Cash Shortages and Related Costs
    Unfortunately, cash shortages cause stress, and missed payments can result in late fees, increased interest rates, penalties, bank overdraft charges and service disconnections. You can avoid these consequences with a quick application for a non-collateralized loan.
  • No Faxing
    You don’t have to fax any documents, so it’s easy to apply right over your phone.

A Quick Decision on Signature Loans

When you use Personal Money Store to request no collateral loans, you get a quick decision so that you’re not left hanging for days or weeks. We understand how important it is to deal with the stress of a cash shortfall. Quick decisions–whether negative or positive–allow you to begin making arrangements or look for other financing options.

We recommend that you borrow responsibly by applying for only the amount that you need. You won’t have to tie up your resources and risk losing them if you can’t make your payments, but it’s still important to develop responsible borrowing habits. If you can’t afford to repay your loan, you might take out more loans and generate ever-increasing debt because of interest charges. We never encourage this practice because it can trap you in debt.

Loans Without Security Expand Your Financial Options

Loans without collateral increase your financial options because you keep your valuables to enjoy, use for a bigger loan or sell. We understand that savvy borrowers want to find the lowest possible interest rate, and collateralized loans generally carry lower interest rates because the lender’s risk is minimal. However, major catastrophes and great opportunities might depend on having free, unencumbered access to your valuable holdings.

If you only need a small amount of money, using your collateral could prove counterproductive. If you borrow more than you really need, the temptation to spend money on luxury impulse items increases dramatically. Keep your resources safe, and let us help you find short-term loan solutions for your temporary cash problems.

Don’t borrow more than you need, and try to reduce your needs and stretch your resources to keep your loan as small as possible. That’s good financial management, which will help you build your credit rating. You can start your application now to speed your access to the cash you need.

Get Peace of Mind with Loans Without Collateral

Loans without collateral can free you from stress and restore your financial equilibrium. There is no risk of losing your treasured mementos, family heirlooms, personal possessions or business property. However, you should keep your new-found peace of mind by borrowing a reasonable amount and repaying your loan as agreed.

Understanding The Risks of Collateralized Loans

Lenders are more willing to make loans when these loans are secured with collateral–property , personal possessions or valuable items such as jewelry, coin collections, stocks, bonds, securities, boats, vehicles, antiques and heirlooms. No collateral loans often have higher interest rates, but the risks of collateralized loans are also high.

Loans that are granted because of pledged collateral are also called secured loans. Unsecured loans are often called signature loans or loans with no collateral. Mortgages are a special type of secured loan where a home or other type of real estate stands as collateral for the loan. People also get secured loans based on the equity in their vehicles, boats, RVs or trucks. This kind of secured loan often requires cash-out refinancing if you still owe a substantial balance.

Secured loans are often offered as alternative options to people who have lower credit scores and can’t qualify for an unsecured personal or business loans. Personal loans secured by a vehicle are not the same as auto title loans. Secured car loans are usually for larger amounts, so you risk losing your vehicle if you can’t make the payments.

You can also pawn jewelry and other personal and household possessions, but most pawn shops only advance a small percentage of an item’s true value. You surrender the property and can’t use it until you repay the loan and interest.

Types of property that are used to secure loans include:

  • RVs, ATVs and other vehicles
  • Real estate and the equity in your home
  • Cash accounts (which are frozen until the loan is repaid)
  • Investments
  • Business property
  • Collectibles and personal valuables
  • Insurance policies
  • Accounts receivable for business owners (factoring)
  • Furniture and household goods
  • Stocks and bonds

Secured loans take a long time to process, so they’re a poor option if you need cash immediately. Most secured loans also have hidden administrative fees that make them too expensive to use when you need a small loan. If the secured loan is financed over a long period, your financial situation could change and cause you to lose your property.

Loans with No Collateral: Warnings and Information

We can help you find loans without collateral from many lenders and alternative finance companies. Our lenders and financial connecting services come from different regions throughout the United States, so the offers, interest rates and repayment plans vary considerably. It’s your responsibility to review each lender and determine if you can afford the loan’s terms.

If you can’t make your payments on time, contact the lender and try to make alternative arrangements to repay your loan in installments. Collection practices vary by lender and state.

You can get started now for loans with no collateral now and get an instant decision.

Types of No Collateral Loans