http://www.maydaypaydayloan.com/loan/unsecured-loan/ An unsecured loan is basic, fast, powerful and ubiquitous. In short, an unsecured loan is just what you need to take care of an emergency financial situation. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 To fully appreciate the unsecured loan all you have to do is imagine a life without the opportunity for fast cash, or a financial life where every loan needed to be secured: There would be no credit - no credit cards, no personal loans, no nothing. It would all be equity, borrowing off things we already had and no one would get anywhere. A financial response would take significant amounts of time - applying, establishing collateral, inspections on that collateral and approvals that would take even longer. We're thankful for the unsecured loan - its fast, its everywhere and its real. And while it might not be the most affordable form of financial aid, for an emergency its all we got. Expect the costs of an unsecured loan To appreciate these unsecured loan services to another level, imagine it was you're money being loaned. Thats right, image you were the rich stud with money to burn and a desire for profit, and imagine you took it upon yourself to provide emergency funds to complete strangers without checking their credit and without and formal approvals process. What would you charge for that service? Probably a lot more than 20%. The fact that the unsecured loan is even possible is a testament to the financial might of our country, but also to the amazing greed and profit potential surrounding hardship. Just another drop in the bucket We can appreciate these tools for their powerful financial results and opportunity - but there is still room to despise the unsecured loan. Its just another chance for the man to skeeze off the poor, the hard working, the eternally debt ridden masses struggling just to make ends meet between one paycheck and the next. Sat, 26 Jul 2008 15:00:00 EDT