The ability to secure other online loans without collateral depends on the loan type and lender policies. While traditional secured loans require collateral like property or assets, some lenders offer alternative forms of security or accept unsecured options with higher interest rates. For example, peer-to-peer platforms or personal loan companies may provide unsecured financing if traditional lenders deny approval. However, secured alternatives like auto title loans or equipment financing might still be viable if the borrower can offer different collateral.

Data from the Federal Reserve’s 2023 report shows that 68% of U.S. consumers accessed unsecured loans, often due to limited collateral options. Meanwhile, the Consumer Financial Protection Bureau (CFPB) notes that 35% of borrowers with rejected loan applications转向 to alternative lenders offering collateralized products. Online marketplaces like LendingTree reported a 40% increase in lenders accepting non-traditional collateral (e.g., inventory or digital assets) in 2023. However, such loans typically carry higher interest rates (12-24% vs. 6-15% for prime secured loans). For instance, a 2023 study by the National Bureau of Economic Research found that borrowers using alternative collateral paid an average of 8 percentage points more than those with conventional collateral. Thus, while securing other loans is possible, terms and costs vary significantly based on collateral type and lender risk assessments.