Unsecured credit is where you have been lent money that has not been secured against something that you own i.e. your home or your car. Examples of unsecured debt are credit cards, catalogues, bank loans, overdrafts and store cards. If you fall behind repaying unsecured credit, the creditor cannot take any of your property or goods unless in extreme circumstances they take court action. If you find yourself in this situation, please seek advice from one of our Debt Action advisors immediately.