When applying for a loan, do they look at student loans as unsecured debt?
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DJ C asked:
I was told I have 48% unsecured debt but I dont know if they were looking at student loans or not.
pet carriers
I was told I have 48% unsecured debt but I dont know if they were looking at student loans or not.
pet carriers
February 10 2009 01:03 pm | Financial Aid

MOM KNOWS EVERYTHING on 11 Feb 2009 at 8:53 am #
Yes. Your student loans ARE unsecured debt.
Mariposa on 11 Feb 2009 at 9:07 am #
Yes it is considered an unsecured debt and classified as an installment loan.