What is secure debt?

Answer The term "secured debt" refers to loans made by a bank that are guaranteed by collateral. Collateral is a specific property that can be taken if the loan is not repaid.TypesSecured debt includes mo... Read More »

Top Q&A For: What is secure debt

How to Move Secure Debt to Unsecure to File Bankruptcy?

In general, there are two types of debt: secured and unsecured. Secured debt is an asset--a home, a car or a bank account--held as collateral. Unsecured debt is the opposite of secured debt, there ... Read More »

What is the best debt consolidation service for a 100k debt?

On One Hand: Debt Consolidation Mortgages Can HelpWith large amounts of debt, getting a debt consolidation mortgage could be an option. The payments are spread out over the term of the mortage, red... Read More »

If Debt Is Past SOL, What Else Can a Debt Collector Do?

A creditor has a limited period of time to sue a debtor for the collection of a past-due or delinquent line of credit. This period of time is known as the "statute of limitations," and it is set at... Read More »

A Secure Digital memory card is faster and more secure than a Compact Flash memory card true or false?