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This site provides general guidance and information. It is not intended as, nor should it be taken  to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions. This site as an affiliate represents the following sites above and is not responsible for their content.
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Understanding Creditor Statements
Types of Debt

About Credit
Credit Card and Divorce
Other
Student Loans

      Financial aid student loans are not considered unsecured debt. However, loans taken from private lenders in order to pay for school are. Generally, school loans are “good debt” in that they are loans for something you need that you otherwise couldn’t afford. Going to a private lender or multiple lenders can create many loans with high interest rates. Even worse, many people pay for school with their credit card, resulting in high credit card debt. For more information, see our section on student loans.