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 take ...

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 ...

Learn about the pros and cons of secured personal loans.

Secured and unsecured loans can both be used to help you pay off credit card debt. You can also cover large expenses, like medical bills, or fund an upcoming event, like a wedding.

A debt consolidation loan is worth exploring if a person is overwhelmed with multiple debts and wants to combine them into one monthly payment. Debt consolidation loans can be secured or unsecured ...

You’ve got options for pizza. Options for cell phone service. Options for shoes. And yes, options for loans. The thing is, the loan you choose will affect your life far more than whether you go for ...