U

Unsecured Creditor

An unsecured creditors is a lender of an unsecured loan (i.e. a loan where the lender has no claim against any assets if it is not repaid) or anybody who is owed money by an individual or company (where they have no security).

Unsecured Loan

An unsecured loan is a loan where the lender has no claim to any assets if it is not repaid.