Personal Investment & Loan Tips : Personal Unsecured Loans
This is financial planner Patrick Munro. If
you are of a position in life that you have kept great credit, you have an excellent credit
score and the borrowers that you are in front of believe in you up to a limit that they
have preselected you can literally make your own loan by signing papers and not putting
up any traditional collateral. And this is called a unsecuritized collateral note loan.
And it’s a great opportunity it’s not for everyone, it’s not available to everyone.
And more often then not, especially in tight credit times it’s available to less individuals
then normally would be the case. The more lax the credit rules are the easier these
types of loans are to achieve. But this is Patrick Munro financial adviser talking about
the benefits of a non securitized note loan.