Famous Unsecured Auto Loans References. Instead, approval is dependent on the borrower’s credit history. 3 min read nov 13, 2023.

Instead, approval is dependent on the borrower’s credit history. Web an unsecured car loan is when no such collateral exists, and the lender has to grant an auto loan based on the value or credit history of the car buyer. Instead, approval is based primarily on your credit score and finances.