Glossary | Unsecured Loan

Unsecured Loan

A loan that does not have a collateral. A Boro personal loan is an unsecured loan. When you default, Boro cannot take any of your physical assets.

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Boro NMLS No. 1635300. NMLS Consumer Access

Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016, issued by Department of Insurance and Financial Services. Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521

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