Struggling with debt on a tight budget? These debt relief options may offer some breathing room for your finances.

Adrienne Hines, a bankruptcy attorney, explains that secured debt gives lenders "security" through valuable assets such as ...

Weighing each debt relief strategy's benefits and drawbacks could help you find the right fit for your situation.

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

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.

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 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 ...

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 ...

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.

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 ...