Unsecured debt, or any debt that isn’t backed by collateral, is a common option for many borrowers. Lenders usually charge ...

These debt relief companies could help you slash your debt, but there are a few things to know before signing up.

More than 53% of consumers say credit cards make up most of their unsecured debt. A late August 2021 survey from U.S. News & ...

Nissan Motor Co. plans to sell about $5 billion in debt to help fund Chief Executive Officer Ivan Espinosa’s turnaround of ...

In contrast, unsecured debt relies on your promise to repay. Without collateral as protection, lenders may charge higher interest rates and require excellent credit scores to offset their risk ...

An unsecured debt instrument like a bond is backed only by the reliability and credit of the issuing entity, so it carries a higher level of risk than a secured bond, its asset-backed counterpart.

Now unsecured debt is the world I live in, and that's based strictly on your credit credentials. It has to do with your credit score, your FICO score and your past and existing earnings capacity.

Unsecured debt may come with a lower credit limit. It can be hard to borrow as much as you need without collateral. Missed payments can negatively impact your credit score.

What Happens to Unsecured Debt in a Bankruptcy? In a bankruptcy, such as a Chapter 7 filing, debtors are able to discharge their unsecured debts. Most of the time, unsecured debt is wiped out. If ...

Unsecured debt doesn’t require you to offer collateral, such as a vehicle or a home, to secure the loan. Because unsecured debt is riskier for lenders, interest rates are typically higher, and ...

Secured debt allows borrowers with poor credit to improve their credit score and qualify for unsecured loans in the future. Get one year of unlimited digital access for $159.99 #ReadLocal ...