Unsecured Debt
Unsecured
debt is debt where your creditor does not hold any collateral that they
can seize if you fail to pay. Examples of unsecured debt can include:
- Credit Cards
- Department Store Cards
- Legal Bills
- Unsecured Personal Loans
- Health Club Memberships
- Magazine/Record Clubs Fees
- Cellular Telephone Bills
- Signature Loans
- Collection Agencies
- Credit Lines