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	<title>How to Get Out of Debt Fast! &#187; Understanding Credit &amp; Debt</title>
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		<title>What is the Difference Between Unsecured and Secured Debt?</title>
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		<pubDate>Fri, 14 Mar 2008 10:28:46 +0000</pubDate>
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				<category><![CDATA[Understanding Credit & Debt]]></category>
		<category><![CDATA[Debts]]></category>
		<category><![CDATA[Secured Debt]]></category>
		<category><![CDATA[Unsecured Debt]]></category>

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		<description><![CDATA[A secured debt is a debt in which the creditor maintains a security interest in an item or piece of personal property such as a house or an automobile. With secured debts, if you fall behind on payments, the lender can repossess the property that originally secured the debt. An additional drawback to secured debt [...]]]></description>
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