Are credit cards considered unsecured debt?
Yes, credit cards are considered unsecured debt since they are not tied to an asset
Answered
-
-
What is long term debt to equity ratio?
Debt and equity ratio is financial ratio indicating relative ...
-
Did the public debt decrease between 1981 and 1985?
No the public debt did not decrease between the years of 1981...
-
Interest (n.) is the fee charged by a lender to a borrower fo...
-
What are the implications of debt finance?
There are two methods for funding a business, with debt or eq...
-
How can the debt affect the economy?
How The U.S. Debt Affects the Economy: Over the next 20 years...
-
Interest (n.) is the fee charged by a lender to a borrower fo...
-
What is long term debt to equity ratio?
Debt and equity ratio is financial ratio indicating relative ...
-
What was the national debt in 1990?
George H. W. Bush R 1989���1993, Start debt/GDP 53.1% End deb...
-
Did the public debt decrease between 1981 and 1985?
No the public debt did not decrease between the years of 1981...
-
If the national debt grows each year that what will happen?
Young workers can expect to pay a historically unprecedented ...
-
How can the debt affect the economy?
How The U.S. Debt Affects the Economy: Over the next 20 years...
-
What was the highest our national debt was when president george w bush was in office?
George W. Bush set a record national debt of $10,170,000,000,...
-
Yes the country of Greece does have a trade deficit though it...
-
What was the national debt when bill clinton left office?
On Sept. 30, 2000, the national debt was 5.7 trillion. Thanks...
-
What is one of the major problems caused by a large national debt?
One major problem of having a large national debt is that it ...
-
What do you call a debt collector.. Like whats in the Godfather?
In "The Godfather", a person who is similar to a debt collect...
-
How can I get out of debt quickly?
One way that you can try to prevent your $2,000 debt from goi...
-
Switzerland is situated in Western Europe where it is bordere...
-
The current National Debt is 13, 466,866,600,000. It is curre...
-
The Outstanding Public Debt as of 08 Oct 2008 at 04:28:38 AM ...
-
The USA national debt is over 10.5 trillion dollars! Thanks f...
-
A strategy sometimes used by consumers to better manage their...
-
What is the minimum debt you can file bankruptcy?
Bankruptcy law does not set any minimum amount of debt necess...
-
How much money is America in debt for?
The amount changes every second on the U.S. National Debt Clo...
-
What is the debt to equity ratio?
Debt/ equity ratio is a measure of a company's financial leve...
About Debt
Debt is an obligation to pay someone back, either in money or other goods. Before the recession of 2008 and the financial meltdown, many people and corporations took on so much debt that their houses were foreclosed and their companies failed or had to be sustained by the government until they got back on their feet. (An example is General Motors.)
Comments