Unsecured debt
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 |
|
Rates may contain points