Getting a personal loan ... Financial credit standards such as a responsible credit history, sufficient income after monthly expenses, and if applicable, availability of eligible collateral.

Just five years ago, accessing credit without collateral or complex paperwork through formal banking channels would have ...

Collateral not required ... which can drop your credit score by a few points. Adding a new loan to your credit report can lower your score because it decreases the average age of your accounts ...

The survey asked about loan terms including interest rates and collateral requirements, as well as financial risk factors that influence those terms such as business size, credit rating ...

The equipment you purchase with this type of financing serves as collateral on the loan, meaning online lenders, like Triton, may be more flexible with their credit qualifications.