Non-Secure Loan, also known as an unsecured loan, allows you to borrow money without providing any collateral. This type of loan is based on your creditworthiness, income, and repayment ability, making it ideal for those who don’t have assets to pledge. While non-secure loans typically have higher interest rates compared to secure loans, they offer greater flexibility and accessibility for smaller personal needs, such as debt consolidation, education, or unexpected expenses. Since no collateral is required, the approval process is generally quicker, making it a convenient option for fast financial assistance.