Unsecured debt relief refers to strategies and programs designed to help borrowers reduce or eliminate credit card debt, medical bills, personal loans, and other obligations that aren’t tied to collateral. With average credit card APRs now over 20%, these solutions help struggling borrowers avoid bankruptcy while regaining financial stability.
How Unsecured Debt Relief Works
Unlike secured debts (like mortgages or auto loans), unsecured debts have no collateral backing them. This allows for more flexible relief options. There are 4 main solutions that are available for a person seeking unsecured debt relief through our partner CuraDebt. They include: