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Defaulting on a student loan in the United States can have a number of negative consequences. To understand loan default, it is helpful to have a few common terms ... What is 'Default' Default is the failure to pay interest or principal on a loan or security when due. Default occurs when a debtor is unable to meet the legal ... The U.S. Department of Education today released the FY 2014 three-year federal student loan cohort default rate. The rate increased slightly from 11.3 percent to 11.5 ... Default: the Student Loan Documentary chronicles the stories of borrowers from different backgrounds affected by the student lending industry and their ... The Strategic Default Monitor is a completely free online resource for consumers seeking to learn how to strategically default. Definition of default: Failure to make required debt payments on a timely basis or to comply with other conditions of an obligation or agreement. If your loan is in default or you have a grant overpayment and are not sure what type of loan or grant you have, check your original loan/grant documents or use our ... If you have missed student loan payments, you may be in default. Here you can learn what constitutes student loan default and what collection methods the ... Do you understand 401k loan default rules? If not, find detailed info at

A type of credit derivative in which the credit exposure of an underlying loan is swapped between two parties. A loan credit default swap's structure is the same as a ...