Yesterday I shared the differences between Secured Debt and Unsecured Debt. Today, I’ll dig a little deeper into the down-side of Unsecured Credit – the Unmerciful Interest Rate Mark-up Unsecured Credit is any credit that requires “no money down”. The Creditor/Lender , “loans” the Debtor , money in the form of “Credit”. Unsecured Credit has [...]
Archive for the ‘LIBOR Rate’ Category
How to Prevent Unsecured Credit From Becoming Unmerciful Debt
Posted: 10/14/2008 in 1st Party Creditor, 2nd Party Debtor, Credit Card Interest Rates, Credit Cards, Credit Medic Video Course, Debt Warriors, LIBOR Rate, Prime Rate, Unsecured CreditHow to Prevent Unsecured Credit From Becoming Unmerciful Debt
Posted: 10/14/2008 in 1st Party Creditor, 2nd Party Debtor, Credit Card Interest Rates, Credit Cards, Credit Medic Video Course, Debt Warriors, LIBOR Rate, Prime Rate, Unsecured CreditYesterday I shared the differences between Secured Debt and Unsecured Debt. Today, I’ll dig a little deeper into the down-side of Unsecured Credit – the Unmerciful Interest Rate Mark-up Unsecured Credit is any credit that requires “no money down”. The Creditor/Lender , “loans” the Debtor , money in the form of “Credit”. Unsecured Credit has [...]



