But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you… — Suze Orman Copy Share Image
You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or… — Jean Chatzky Copy Share Image
If you default on an unsecured debt, you won't lose anything (except points on your credit score). — Jean Chatzky Copy Share Image
![“You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.” quote by Jean Chatzky](https://sms4smile.com/quotes/img-quotes/e84/jean-chatzky-15313_cards_you-also-need-to-understand-that-when-yo_1363945.jpg)
