Primera línea internacional sin garantía

English translation: unsecured

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Primera línea internacional sin garantía
English translation:unsecured
Entered by: lorenab23

04:03 Feb 13, 2018
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: Primera línea internacional sin garantía
Financial results of a company that allocates credits

Sin garantía = without securities?
merch
Local time: 02:40
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...
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Selected response from:

lorenab23
United States
Local time: 00:40
Grading comment
Muchas gracias
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2unsecured
lorenab23
Summary of reference entries provided
primer linea sin garantia
Nick_Baker

  

Answers


13 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 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



lorenab23
United States
Local time: 00:40
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 76
Grading comment
Muchas gracias

Peer comments on this answer (and responses from the answerer)
agree  Andy Watkinson
9 hrs
  -> Thank you Andy, saludos!

agree  Francois Boye
17 hrs
  -> Thank you Francois.
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Reference comments


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?

Nick_Baker
United Kingdom
Specializes in field
Native speaker of: Native in EnglishEnglish
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