Why would lenders ever accept the additional risks of unsecured loan? A couple of things come up here. Initially all, the lender will approve an unsecured personal loan with provisions that help it become more profitable for them due to the higher risk on not getting repaid. Additionally, most of individuals who suffer bad credit want to improve their credit score. This supplies the borrower with an extra incentive things timely payments. When this psychology of borrowers is introduced into the ...