Debt is crushing American households in 2025. A recent Achieve Center for Consumer Insights survey found that 28% of consumers saw their debt increase last fall, with many struggling to cover basics ...

Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a borrower fails to repay the loan as agreed, the lender can seize the collateral.

Secured and unsecured debt represent two distinct types of borrowing, each with its own characteristics, risks and benefits. I've found that understanding the difference between the two is essential ...

As of 1Q25, Bally’s had $2.5 billion in secured debt, $1.5 billion in unsecured notes, and lease obligations, totaling nearly $5.5 billion in indebtedness. This structural misalignment has led to ...