Australian (ASX) Stock Market Forum

Unsecured margin loan?

Joined
1 February 2007
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Is there any such thing as an unsecured margin loan whereby I can borrow money without an underlying security?

Please share your :2twocents
 
Re: Margin lending

I think you need to ask yourself why any financial body would lend money without any collateral.

If the answer is, "No-one would be that stupid" then you have probably answered the question you have asked.

Of course there are always credit cards (but your investment return had better be fantastic else bankruptcy looms) or personal loans however even they require some form of surety, such as your salary.
 
Re: Margin lending

For the best too, you'd be best off investing your own $$ before you start spending someone else's.
 
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