How to Terminate & Eliminate Unsecured Debt?

Answer Eliminating unsecured debt, such as credit card debt, has many advantages. Having a good debt-to-credit ratio could boost your credit score and make you eligible for better rates on mortgages, auto... Read More »

Top Q&A For: How to Terminate & Eliminate Unsecured Debt

How to Consolidate Debt and Eliminate Credit Card Debt?

Credit card debt can seem like a never-ending cycle. You can make minimum monthly payments on time, but the balance never gets smaller. There is hope, however. One way to pay off high-interest cred... Read More »

What is unsecured debt?

Unsecured debt is a loan you receive or a debt you incur that is not "secured"--backed--by an asset or other collateral. For example, your mortgage loan is secured debt, because it is backed by you... Read More »

What is senior unsecured debt?

Businesses finance themselves by issuing debt. Companies and lenders agree upon terms for both parties to earn a return upon the investment, while minimizing default risks. Senior unsecured debt is... Read More »

What is the definition of unsecured debt?

Unsecured debt is where borrows are granted a loan or credit without the need to guarantee repayment by putting up their personal property. Common forms of unsecured debt include credit cards and p... Read More »