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Do I need to provide security for my loan?

Do I need to provide security for my loan?

If you’re applying for a Greater Bank Unsecured Personal Loan and your application is approved, you won’t need to provide any security as this is an unsecured loan.


But if you apply for a Greater Bank Secured Personal Loan or New Car Loan and your application is approved, we’ll use the car you have purchased, or other collateral you’re able to provide as security. As a result, we may be able to offer you a lower interest rate than an unsecured loan.