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Q: Which type of debt is most often secured?
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Why is credit card debt often consider to be the most dangerous type of debt for consumers?

credit cards charge very high interest rates and their use tends to be habit-forming


Why is credit card debt often considered to be the most dangerous type of debt to consume?

credit cards charge very high interest rates and their use tends to be habit-forming


Why is credit card debt often considered to be the most dangerous type of debt for consumers?

credit cards charge very high interest rates and their use tends to be habit-forming


What is the difference between a convertible bond and a convertible debenture?

A convertible debenture is a type of convertible bond. However, a debenture is unsecured debt, which means that there is no collateral for the bond. The alternative to a debenture would be a secured bond such as a mortgage bond that would be secured by real estate. If the company goes out of business, the collateral for the secured bonds would be used to pay off those bonds and the holders of the debentures would be paid from whatever is leftover. Most convertible bonds are debentures.


What is the best score you can get in credit debt?

When people are in credit debt, they often wonder what their score is. The best score you can get in credit debt depends on many different things. You should ask your credit card company for this type of information.


When is a bonds value generally repaid?

A bond is a type of a debt security, the approved issuer owes the holders a debt. The repayment period is often an agreement between the issuer and the holder.


When is a bonds par value repaid?

A bond is a type of a debt security, the approved issuer owes the holders a debt. The repayment period is often an agreement between the issuer and the holder.


What is Secured and unsecured debt?

Secured means that there is some specific item pledged as collateral for that debt...frequently this is represented by some type of recoding of the pledge on official records. A car loan, with the car as collateral and the lender named as a lienholder on the title a good example. A mortgage on a property is another. Unsecured just means there isn't a specific thing it has claim to first and before others...that it is general to all of your assets. Note that if a secured creditor must sell the asset to recover, and the asset doesn't generate enough $ to pay the debt (which includes all interest, penalties and costs of having to take that action), the deficiency is an unsecured debt, which will be able to be paid by process..having your other assets sold.


When is a bond par value generally repaid?

A bond is a type of a debt security, the approved issuer owes the holders a debt. The repayment period is often an agreement between the issuer and the holder.


What is the meaning of pledged receivables?

Pledged accounts receivable, also known as accounts receivable financing, is a type of secured short-term loan whereby the debt is recorded in the financial institution's accounts receivables account.


Which type of succession occurs most often and why?

Secondary succession occurs most often


How often does RSA Secureid need to be renewed?

The RSA Secureid is a very popular type of secured ID in America. The RSA Secureid needs to be properly renewed quite often, specifically it has to be renewed every year.