Debtor is obligated to pay the secured party attorneys fees. In consideration of the indebtedness, debtor conveys and warrants to trustee certain property described in the land deed of trust.
Debtor is obligated to pay the secured party attorneys fees. In consideration of the indebtedness, debtor conveys and warrants to trustee certain property described in the land deed of trust.
Key takeaways Mortgages, home equity loans, home equity lines of credit (HELOCs) and auto loans are all forms of secured debt, while most personal loans, credit cards, student loans and medical loans are unsecured debt.
The two most common examples of secured debt are mortgages and auto loans.
Unsecured debt is any debt where there is no collateral, such as student loans, credit cards, and personal loans. A lender will figure out your unsecured debt ratio by calculating all your unsecured debts and dividing this figure by your annual income and multiplying it by 100 to get a percentage.
Unsecured debt is any debt that is not tied to an asset, like a home or automobile. This most commonly means credit card debt, but can also refer to items like personal loans and medical debt.
Unsecured debt is any debt where there is no collateral, such as student loans, credit cards, and personal loans. A lender will figure out your unsecured debt ratio by calculating all your unsecured debts and dividing this figure by your annual income and multiplying it by 100 to get a percentage.
The Financial Aid Office can be reached at 972.881. 5760 or FinancialAid@collin.
For additional assistance using StudentAid, contact the Federal Student Aid Information Center at 1-800-433-3243.
The Financial Aid Office can be reached at 972.881. 5760 or FinancialAid@collin.
Information and Assistance For additional information or assistance, please contact the Office of Online and Extended Programs at extension@txstate or 512-245-2322.
Collin College's Title IV School Code is 016792 and must be reported on the FAFSA application in order for aid to be processed by Collin College. Students must apply for financial aid each year.