How to use Secured debt in a sentence

secured debt
  • Other secured debt can result in a garnishment of wages, so arrange workable payment plans for debt such as student loans, health bills and child support.

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  • Trading in unsecured debt for secured debt is not always the best idea.

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  • Most commonly, secured debt consolidation loans are those backed up by a home.

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  • However, you will want to consider the risk associated with applying this method to secured debt.

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  • Failing to repay secured debt could result in serious consequences, such as losing your car or your home.

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