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haitvonline
Member Since :
Nov 16, 2007
Location :
Vietnam
Total Votes :
0
Total Comments :
0
Last Activity :
on 01/28/08
18
votes
A loan not secured by an underlying asset or collateral, an unsecured debt is the opposite of secured debt. The concept of unsecured debt is easily understood when its opposite is considered. A good example of secured debt would be a mortgage. The bank loans out money t .... More
