Unsecured debt

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Unsecured debt

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.

National Rates

Loan Type Today
30 yr fixed 4.93
15 yr fixed 4.38
5/1 ARM 3.79

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