Most credit cards are based around unsecured debt. For additional security to the issuer the APR on credit card borrowing is typically higher than that of a standard loan or mortgage.

Debt without collateral; credit card debt, for example. View Capstone Lesson(s) that address this concept

A loan that is not backed by collateral.

debt which is not covered by specific assets in the event of a default.

a debt that does not have collateral (car, house, furniture, etc

a debt that is not secured by any assets eg your credit card, personal loans

a debt where a creditor cannot repossess an item or foreclose on any item

a debt where their is no collateral

a debt where there is no collateral

a debt you incur without providing the creditor

a loan of credit where there is no collateral i

Debt issued and supported only by the borrowers creditworthiness, rather than by some sort of collateral.

Bonds whose holders do not have recourse to specific assets should the issuer default (c.f. secured debt, debenture).

Bonds that are not backed by assets of a company, but by only the company's credit worthiness.

Loans that are not backed by collateral.

A debt that is secured only by a borrower's promise to repay it, rather than by some type of collateral. A common example of an unsecured debt is the balance on a credit card.

Any bill a consumer has that has no collateral such as a home or car securing the borrowed, owed, or loaned money. Examples include credit cards, utility bills, department store cards, student loans, personal unsecured loans, etc.

Debt not subject to a security interest.

Any debt not secured by collateral (typically medical and credit card debt).

Debts that have no claim on personal property or any other physical item you own, such as credit cards, student loans, medical bills, or utility bills for services that have been shut off or disconnected.

An obligation, generally a loan, not backed by a pledge of assets.... read full article

Any debt that is not secured by collateral.

Refers to a loan, credit card, store card or catalogue where monies are not secured on any asset or property.

An unsecured debt is not guaranteed by the pledge of any collateral. Most credit cards are unsecured debt, which is one reason why their interest rate may be higher than other forms of lending, such as mortgages, which use property as collateral.

money borrowed without supplying collateral

A credit source that is not guaranteed with collateral.

Debt, such as credit card debt, that is backed only by the creditworthiness of the borrower and is not supported by collateral.

Obligation not backed by the pledge of specific collateral.

A debt that is not guaranteed by collateral. If the borrower defaults, the issuer has no assets to back up the loan.

A claim or debt is unsecured if there is no collateral that is security for the debt. Most consumer debts are unsecured.

debt that is not backed by collateral. For example: credit cards, medical bills, utility bills.

Debt that is not guaranteed by collateral is considered unsecure because there is no assurance for repayment. Most credit cards are unsecured debt, which is why the interest rates are higher than other forms of lending, such as mortgages, which use property as collateral.

Debt that does not identify specific assets that the debtholder is entitled to in case of default.

Debt that is not backed by pledged collateral. See: Collateral; Debt; Pledge

Debt that is not guaranteed by the pledge of any collateral. Most credit cards are unsecured debt, which is a main reason why their interest rate is higher than other forms of lending, such as mortgages, which employ property as collateral.

A debt instrument not backed by the issuer's pledging of assets. Unsecured bonds are called debentures.

A bond issued by a corporation which is not backed by specific collateral. Same as debenture. It is backed instead by the general credit or promise to pay by the issuer.

A debt that does not involve collateral. This type of debt is the result of money owed, for example, to a credit card company, who cannot seize any of the consumer's possessions if s/he does not pay off the balance. In a situation of delinquent payment, the credit card company will usually turn the matter over to a collection agency.

Debt, such as most credit cards, that is not secured with collateral.

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

Debt that does not identify specific assets that can be taken over by the debtholder in case of default.

Unsecured debt is a financial term that refers to any type of debt that is not collateralized by any specified assets in the event of default.