We may be just a couple of months into the new year, but there has already been plenty of bad news about debt levels in the U.S., signaling that the issues we saw in late 2024 are continuing into 2025 ...

Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a ...

Loans fall into one of two categories: secured or unsecured. A secured loan is used to purchase assets like a house or car that the lender can take if you default on your loan. Unsecured loans are not ...

Debt is crushing American households in 2025. A recent Achieve Center for Consumer Insights survey found that 28% of consumers saw their debt increase last fall, with many struggling to cover basics ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. When used wisely, debt can be a stepping ...