What is another word for nonmortgage consumer debt?

Pronunciation: [nˌɒnmˈɔːɡɪd͡ʒ kənsˈuːmə dˈɛt] (IPA)

Nonmortgage consumer debt refers to any outstanding balances that an individual may owe on credit cards, loans, or other forms of credit that are not related to a mortgage. Synonyms for this term include consumer debt, credit card debt, personal loans, installment debt, and revolving debt. Some other terms that may be used to describe this type of debt include unsecured debt, non-collateralized debt, and unsecured consumer loans. It is important for individuals to carefully manage their nonmortgage consumer debt to avoid accruing high levels of interest and becoming overwhelmed by their payments. Seeking guidance from a financial advisor or credit counselor can help individuals develop a plan to manage their debt and improve their financial situation.

What are the hypernyms for Nonmortgage consumer debt?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Word of the Day

multitasker
The word "multitasker" usually refers to someone who can perform different tasks simultaneously. However, there are several antonyms for this word, which describe the opposite type...