What is an example of an unsecured debt 2024?

Lucas Clark | 2023-05-07 09:37:10 | page views:1407
I'll answer
Earn 20 gold coins for an accepted answer.20 Earn 20 gold coins for an accepted answer.
40more

Zoe Mitchell

Studied at the University of Melbourne, Lives in Melbourne, Australia.
Unsecured debt means that someone loaned you money, but they don't have a lien on anything. Credit cards and student loans are good examples of unsecured debt, because there's nothing they can directly repossess if the borrower doesn't pay.
2023-05-10 09:37:10

Lucas Stewart

QuesHub.com delivers expert answers and knowledge to you.
Unsecured debt means that someone loaned you money, but they don't have a lien on anything. Credit cards and student loans are good examples of unsecured debt, because there's nothing they can directly repossess if the borrower doesn't pay.
ask:3,asku:1,askr:137,askz:21,askd:152,RedisW:0askR:3,askD:0 mz:hit,askU:0,askT:0askA:4