MLR3C2129 - Legislation: Unsecured Loans
Unsecured loans are loans that do not have any form of security. Interest rates are therefore very high. The ML risk is that the customer defaults on the loan and interest repayments.
Unsecured loans are loans that do not have any form of security. Interest rates are therefore very high. The ML risk is that the customer defaults on the loan and interest repayments.
To help us improve GOV.UK, we’d like to know more about your visit today. Please fill in this survey (opens in a new tab).