Secured and unsecured debt

Hi Supergirl...welcome to the forum..can I ask what kind of debt this is?? Also please tell us what state you live in and how much each loan, cc, etc. is for. Then we can better direct you or answer your questions.

How long have you been in defaults on your loans? Take the free quote from a consultant referred by this website. He will analyze your total debts and work out a repayment plan with your creditors. You will have lower interest rates and get most of the late fees waived off. Study the options mentioned here and discuss in details with your consultant.

My I have some examples of secured and unsecured debt please. Thanks :?: :D

Secured is a car payment or anything that has collateral.
Unsecured debt is a credit card with no colleteral attached to it, medical bills or a signature loan.
Hope this helps u understand,
Ang

You know Ang, I have had exposure to credit for years now, about 11 to be exact and while i've heard those terms I never really truly knew what they meant! thank you so much for your simplistic explanation. I feel like a ditz

Ur NOT a ditz stinker! The only language i understand is simplistic! :lol:
So i try to explain things as simple as possible!
Glad this helped u,
Ang

well I surely appreciate the explanation because now i surely know the difference. these are the two of the most common terms in credit :)

I have student loans, a car payment, and credit cards...can I get these all consolidated into one loan? I feel stuck and overwhelmed.