Interest rates on unsecured loans are nearly always higher than for secured loans as a result of an unsecured lender's options for recourse in opposition to the borrower in the occasion of default are severely limited, subjecting the lender to increased danger in comparison with that encountered for a secured loan. For now, it’s not clear whether or not or not Uber will formally launch its new monetary product, and we don’t know any particulars about what the potential loans would appear to be ...