Comments on: What Is Unsecured Credit Card Debt?

By: Medical Bill Debt - Unsecured Debt Negotiation

Medical Bill Debt - Unsecured Debt Negotiation — Mon, 21 May 2007 19:02:29 +0000

[...] Yes, medical bill debt is OK to include in calculations of your total unsecured debts. Unsecured debts are ones that where you did not borrow money (take a loan) to make a purchase like a home or a car. Those are secured because the company who loaned you the money has the right to take back your car or house if you do not repay them, thus they are called secured debts. [...]

By: Avoiding Filing Bankruptcy-Debt Settlement Option

Avoiding Filing Bankruptcy-Debt Settlement Option — Wed, 09 May 2007 21:48:18 +0000

[...] Have unsecured debts (explained here) [...]

By: How Do I Avoid Bankruptcy?

How Do I Avoid Bankruptcy? — Sat, 24 Feb 2007 01:22:59 +0000

[...] Have unsecured debts (explained here) [...]

By: Why Are Credit Card Rates and Fees So High?

Why Are Credit Card Rates and Fees So High? — Fri, 23 Feb 2007 22:47:08 +0000

[...] Credit card companies charge you so much because the debt is unsecured debt as explained here. The fact that they only have your word that you will pay back what you owe causes them to charge very high interest rates and often exorbitant fees. That and the fact that they have to contuinue to make tremendous profits for their shareholders. [...]