Demand loans may be unsecured or secured. Repos are collateralized or secured loans in contrast to federal funds loans which are unsecured. The interest rates for secured loans are usually lower than those of unsecured loans. Debt can be secured with collateral or unsecured. Secured creditors may be entitled to greater payment than unsecured creditors. This may make obtaining any unsecured or even secured credit more difficult. Secured and unsecured creditors constitute the creditor body. However other debt claims, including unsecured senior debt, were not. The result of the mass issuance of unsecured loans by main Roman banking houses. Settlements are negotiated with your unsecured creditors. Much of the unsecured debt was owed in back salary. The goal was to protect Dynegy's secured creditors at the expense of its unsecured creditors. The filing also indicates that enough funds are available for distribution to unsecured creditors. Creditors can be broadly divided into two categories&colon; secured and unsecured. English common law traditionally protected freehold landowners from unsecured creditors.