No Collateral Loans – Get Here

no collateral loan

A loan without collateral is a great way to deal with emergency financial situations. When you need money fast and you either do not have or do not want to put some assets against the loan, you should really consider no collateral loans.

Personal loans with no collateral are also called unsecured loans, and they offer less risk and fast money.

3 Steps to Get Money Online


Fill out the Form

  • short and easy form
  • safe & secure

Obtain Fast Approval

  • real-time request review
  • big choice of lenders

Check Your Account

  • as soon as the next day
  • money into bank account

Qualifying for Personal Loans with no Collateral

There are no special requirements for these small loans from $1,000 and up to $5,000. The requirements are basically the same for emergency loans and for personal loans when no collateral is required. To get the loan you need to be a citizen of the US, Canada, or the United Kingdom (make sure to specify your country if you are not from the US). You need to be 18+, with a steady source of income. Our application requires you to supply your employer’s contact details. You also need to have a valid bank account.

As you can see, you don’t need much to qualify for this personal loan. One more thing is that you don’t need to worry about your credit score. Personal Money Service customers apply with bad, fair, and good credit scores. However, the better the score, the better the rate you will get. Even though we can’t guarantee that people with bad credit scores will be approved for the loan, we encourage everyone to submit an application. We extend the database of the online lenders we work with every month, which lets us offer more loan options to people with different credit history and credit ratings.

No Collateral = No Problem

No one is ever ready to risk their personal or business assets for an unsecured loan. Personal loans without collateral can give you peace of mind, but do remember that everything comes with a price. Since the lender risks his own money, he needs to give something in return. In this case, it will be a higher interest rate. Yes, an unsecured personal loan that is not backed with any collateral usually comes with higher interest rate than a secured personal loans.

So, there is always a choice. Both options are very convenient depending on the current situation of the borrower. Personal Money Service encourages everyone to be responsible when it comes to borrowing money for a short or for a long term. The truth is no collateral loans involve little risk.