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Abstract: This paper examines whether unsecured credit markets help ... other low asset households do borrow, increasing unsecured debt by more than 11 cents per ... that have no assets to liquidate or to collateralize loans. Thus ... income has grown; and the risk-composition of credit card loan portfolios has deteriorated.

Personal Debt - Encyclopedia.com

Nonrevolving loans require regular payments of amounts that will ensure that the original debt (the principal) ... Loans can also be secured or unsecured. ... If the Federal Reserve raises or lowers the discount rate, then banks ... Interest rate, Years of loan, Amount borrowed, Total interest paid, Total principal + interest paid.

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Payday loan - Wikipedia, the free encyclopedia

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