Unsecured credit - How To Discuss

Unsecured credit,

Definition of Unsecured credit:

1. Credit extended only on the basis of the debtors promise to repay, without any collateral security.

How to use Unsecured credit in a sentence?

1. The unsecured credit line had not been used yet so that was an acceptable method of generating cash at the time.
2. Since I dont have many assets for collateral, the only type of credit that works well for me is unsecured credit , like credit cards.
3. When the company took out a business credit card with a $50,000 limit, the manager was a little hesitant about having that much unsecured credit at the disposal of some unethical executives.