Unsecured Credit Debt
An unsecured credit debt is a debt that is not backed by any collateral. This type of debt includes credit card debt, medical debts, and personal loans. Unsecured debts are often the most difficult to repay because there is no asset to seize if the borrower defaults on the loan.
For many Americans, unsecured credit debt has become a major financial burden. The average household with credit card debt owes over $16,000. Medical debt is also a major problem for many families, with over 60% of Americans having trouble paying their medical bills.
If you are struggling with unsecured credit debt, there are some things you can do to get back on track. First, you should try to consolidate your debts into one monthly payment. This can help you get out of debt faster and save money on interest charges.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation just today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706