Sawin & Shea

FEBRUARY 28, 2024

Unsecured loans don’t have collateral. If you fail to repay an unsecured personal loan, the lender cannot repossess your assets. No-credit-check lending, such as payday and title loans, often comes with unreasonable fees and annual percentage rates (APR). Nonpayment of title loans can lead to vehicle repossession.

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Personal loans Bankruptcy Chapter 13 bankruptcy Loans 52

Credit Corp

MARCH 7, 2021

When talking about the concept of online personal loans, it’s important to touch on the differences between secured and unsecured loans: Secured loans are those where collateral is put up to secure the loan. For instance, a home would act as collateral in a mortgage or home equity line of credit (HELOC).

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Personal loans Loans Collateral Lender 98

Sawin & Shea

APRIL 17, 2024

Common types of dischargeable debt include: Credit card debt Medical debt Judgements Utility bills Back rent Personal loans Repossession balances While Chapter 13 helps you repay certain debts and discharge remaining balances, not all forms of debt are dischargeable. Fortunately, you can obtain a secured card that includes collateral.

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Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52