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A Signature loan is a loan that is given to the borrower from the creditor by signing the loan. Signature loans are considered an unsecured loan because they don’t have anything attached to them other the person’s signature. Signature loans are not as large as a mortgage loan and typically have higher interest rates attached to them. Due to the fact that there is no house or car attached to a signature loan, signature loans are easy to be reduced with debt settlement. What about signature loans?