If a loan is described as 'unsecured,' it means:Correct Answer: It does not require collateral ! Other People SaidIt has a variable interest rate: 98 It does not require collateral: 1001 Payments can be delayed indefinitely without penalty: 87 Next Question: What's a primary risk of co-signing a loan?Your credit score increases too quicklyYou lose access to credit reportsYou may become fully responsible for repaying the loan
