Tender for Tenants… Coming with Unsecured Loans
by
Peter Taylor
Can tenants apply for loans? This question raises lots of confusion. Mainly tenants do not have any asset that they can use as collateral. But now they also can opt for loans in unsecured way. Yes! Unsecured tenant loans are giving them an opportunity to avail loans without pledging any property.The basic features of tenant loans:Mainly in case of unsecured loans, lenders do not ask for any security against the loan amount. So tenants can easily apply for these loans. But obviously some criteria are there that a tenant has to fulfill while applying for these loans. These criteria are as follows:•A borrower should have full time employment with a minimum, income of
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