When applying for a loan, do they look at student loans as unsecured debt?

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I was told I have 48% unsecured debt but I dont know if they were looking at student loans or not.

2007-03-09 10:42:00 · 2 answers · asked by DJ C 4 in Education & Reference ➔ Financial Aid

Yes it is considered an unsecured debt and classified as an installment loan.

2007-03-09 10:50:44 · answer #1 · answered by Mariposa 7 · 0⤊ 0⤋

Yes. Your student loans ARE unsecured debt.

2007-03-09 10:44:31 · answer #2 · answered by MOM KNOWS EVERYTHING 7 · 0⤊ 0⤋