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Home » Debt Speak Decoded: 7 Must-Know Terms to Take Control of Your Finances
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Debt Speak Decoded: 7 Must-Know Terms to Take Control of Your Finances

News RoomBy News RoomFebruary 16, 20250 Views0
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Dilok Klaisataporn / Shutterstock.com

Debt can be confusing, especially since there are many different ways to classify it. You’ve likely heard terms like secured vs. unsecured debt and revolving vs. installment loans, but what do they really mean for your finances? Understanding these categories can help you borrow smarter, manage payments more effectively, and avoid financial pitfalls. Let’s break down the major debt…

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