FAQ Sections

Glossary of Terms

Unsecured credit

Credit for which no collateral has been pledged. Loans made under this arrangement are sometimes called signature loans. A loan granted only on the basis of a customer's written agreement that the loan amount will be paid.

Up front costs

Any fees you are required to pay in advance before you receive a loan. This could include appraisal fees, loan origination fees and document preparation fees, etc.