What is another word for non-mortgage consumer debt?
Pronunciation: [nˈɒnmˈɔːɡɪd͡ʒ kənsˈuːmə dˈɛt] (IPA) 
Non-mortgage consumer debt refers to any amount of money owed by an individual to a lender that is not secured by their property. This type of debt can include credit card debt, personal loans, auto loans, and medical bills. Synonyms for non-mortgage consumer debt might include unsecured loans, consumer credit, or non-collateralized debt. These terms can all be used interchangeably to describe the same type of financial obligation. Managing non-mortgage consumer debt can be challenging, particularly if the borrower has multiple types of debt with varying interest rates and repayment schedules. However, with careful budgeting and financial planning, it is possible to pay down this debt and achieve financial stability.
