Unsecured debt is a form of borrowing that is not secured by a specific material asset. Since this type of debt doesn’t require an asset as collateral, there’s nothing specific the lender will ...

Text Callout : Key Takeaways - What Is Unsecured Debt? At some point in your life, you will likely need to borrow money. When you do, it will be in one of two forms: secured or unsecured.

Bonds of Mexican billionaire Ricardo Salinas Pliego’s cable and internet provider Total Play Telecomunicaciones jumped on ...

A late August 2021 survey from U.S. News & World Report shows that among Americans who carry unsecured debt, more than 53% say it's mostly from credit cards. Credit card debt is considered ...

Unsecured debt is typically tied to a debtor’s creditworthiness and isn’t backed by any collateral or asset. Unsecured debt is debt that is not backed by any asset or collateral. Borrowers of ...

Credit card payments that are overdue are considered unsecured debt, Heck says. "A creditor may pursue a credit card action against the estate, but these types of claims are uncommon," he says.

Proceeds from the offering will primarily be used to repay $491 million in outstanding borrowings under its revolving credit ...

With debt settlement, the company negotiates with your creditors to settle unsecured debt, like credit card balances, for less than you owe. The company says it has worked with over one million ...

KBRA assigns a rating of BBB- to Crescent Capital BDC, Inc.'s (“CCAP” or “the company”) $115 million senior unsecured notes ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. New Era Debt Solutions offers debt settlement services and fairly low fees New ...