Primera línea internacional sin garantía
English translation: unsecured
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| 04:03 Feb 13, 2018 |
| Spanish to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: lorenab23 United States Local time: 07:07 | ||||||
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| 3 +2 | unsecured |
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| primer linea sin garantia |
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Answers
13 mins confidence: 
peer agreement (net): +2
peer agreement (net): +2| sin garantía unsecured Explanation: Línea de crédito con garantía y sin garantía Una línea de crédito sin garantía no está respaldada por ningún tipo de activo, con la aprobación basada sólo en la puntuación de crédito, la historia y las deudas existentes del potencial prestatario. Las tasas de interés en una LOC sin garantía suelen ser superiores a las de una LOC con garantía. https://lisilizardo.wordpress.com/2015/06/15/la-diferencia-e... Secured Lines of Credit When a line of credit (or any loan) is secured, it means that the credit grantor has established a lien against an asset that belongs to the borrower. This asset becomes collateral, and it can be seized or liquidated by the lender in the event of default [...] Unsecured Line of Credit In an unsecured line of credit, there is no asset acting as collateral against the lent funds. None of the borrower's major assets are subject to seizure upon default. So the lending institution is assuming a much larger risk. Read more: What's the difference between a secured line of credit and an unsecured line of credit? | Investopedia https://www.investopedia.com/ask/answers/110614/whats-differ... Follow us: Investopedia on Facebook |
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9 hrs |
| Reference: primer linea sin garantia Reference information: I didn't quite understand what you meant by 'allocates credit'? Is this an bank or loan company offering international credit? The other question is about where this phrase occurs: is it a line item or part of the commentary on the financials? |
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