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 What is the definition of unsecured debt?

Answer 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 »
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Top Q&A For: What is the definition of unsecured debt

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 »
http://www.answerbag.com/q_view/1918054

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 »
http://www.answerbag.com/q_view/1912346

What is a restructure of unsecured debt?

A restructure of unsecured debt is a negotiation where you and your creditors (the people you owe money to) agree to a change in the terms and conditions of how and when you will pay them back.Unse... Read More »
http://www.answerbag.com/q_view/1910223

How to Consolidate Unsecured Debt?

Consumers carrying too much unsecured debt may choose from a few options to find relief and pay down their unsecured debt. One such option is debt consolidation. Debt consolidation can be undertake... Read More »
http://www.ehow.com/how_6538520_consolidate-unsecured-debt.html


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