Unsecured Creditor Unsecured Creditor Unsecured Lender UCRD Unbesicherter Gläubiger Unsecured Creditor Acreedor no garantizado Acreedor quirografario Créancier non garanti גורם יוצא מן הכלל असुरक्षित ऋणदाता 未担保債権者 Credor quirografário 无抵押债权人 UCRD An unsecured creditor is an individual or institution that lends money without obtaining specified assets as collateral. If a borrower fails to make payment on debt that is unsecured, the creditor cannot take any of the borrower's assets without winning a lawsuit first.