What would you like to do?

Can a student loan be considered a unsecured debt?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

A student loan is an unsecured debt. To be secured, there needs to be something, generally phyisical (but not always), that can be taken (repossessed), and sold to satisfy the debt if it isn't paid. Kinda' hard to take back an education!
25 people found this useful
Thanks for the feedback!

Can a vehicle be repossessed if the loan is not in default but other unsecured debts are.?

Seperate loans, have no right to carThe two loans are separate as you said it was "unsecured," so it doesn't seem they are able to. The Credit Card company will list as defaul

Debt consolidation on secured and unsecured loans with bad credit?

{|  |-  | Debt consolidation is when you consolidate multiple lines into one new loan or debt consolidation program - it typically involves a debt consolidation loan. It is

Are student loans bad debt?

Any loan that has to do with furthering education is never a bad debt. The only bad thing is if you do not pay back your debt. It does count against your credit score negative

What type of bankruptcy do you file for unsecured debt and a car loan?

There are different types of Bankruptcy.   Chapter 7 is for the debtor which has debts like medical bills,car  loans etc. But if you want to pay back your debts then you

How can student loan debt be consolidated?

Student loans can be consolidated after graduation or dropping out of school by filing with the government to consolidate all federal student loans. Remember that non-federal

What is an unsecured bad debt loan?

An unsecured loan would be one where the lender is relying on the borrower's promise that the loan will be paid back. There is no collateral involved and that is risky. Bad

Where can a student get debt relief for a loan?

There are two different answers, depending on whether a student is looking for relief from a loan or a person is looking for relief from student loans, which are not generally