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RPF 0005 – The Ultimate Guide to Spending Money – How a smart person can optimize each and every buying decision to get maximum utility out of their money

Radical Personal Finance

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Can You Borrow Off of Unsecured Credit Card Debt?

Thog the debt is not cured by property. So can you borrow off of something where, for some reason, something happened beyond your control and you weren't able to make the payments? It's unsecured credit card debt or unsecured personal loan instead of attached to a house or attached to a car that could be repossessed. There can be reasons to do both. A house may have a better interest rate, you may be able to borrow the money at more favorable terms. But there also may be reasons toDo it unsecured instead of secured.

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