Learn the differences between loan delinquency and loan default, and how they impact your credit score and long-term financial health.
New data offers further confirmation of a crisis in the U.S. student loan portfolio, in which too many borrowers are not ...
A default stays on your record for years, but lenders pay close attention to what you do after it. Recovery is slow, practical, and very possible.
A default happens when you have skipped one or several payments in a row on a loan or credit card. Since defaulting can cause your credit (and overall financial health) to quickly plummet, you want to ...
Defaulting on a car loan can lead to late fees, a dip in your credit, legal action and even vehicle repossession. This page includes information about these cards, currently unavailable on NerdWallet.
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...