Can I sell an unsecured note?


Unsecured notes are notes that are not backed up by any form of collateral (home, vacant land, etc.). They can still be bought, but are a much riskier investment and therefore a higher discount should be expected.

The individual note will need to be evaluated by the same criteria as other notes. FNAC doesn’t typically purchase unsecured notes but contact us at 800-774-3622 if you’re unsure if your note is unsecured or not.