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What is unsecured debt and what types of debt are acceptable for this program?

April 26, 2017acceptable debt program types unsecured debt

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What is unsecured debt and what types of debt are acceptable for this program?

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An unsecured debt is when the creditor holds no collateral. Examples of unsecured debt include Credit cards, Department Store cards, Personal Loans [Signature Loans], Gas cards, Medical bills, Car Repossessions and Collection Agencies.