When you default on a loan, it means you’ve failed to make your monthly payments to the lender per your loan terms. Usually, an account becomes delinquent after one missed payment, then the ...

Student loan delinquency is surging, nearly one-third of federal borrowers are at least 90 days behind, according to ...

The number of borrowers delinquent on their student debt and at risk for entering default continues to climb, new reports ...

You can default on a car loan after 30 days of non-payment. If that happens, the lender may repossess the vehicle. Further, you may still owe the money even after losing your car.

When you stop making payments on a loan, the loan is in default. What exactly that means, and what happens next, can vary based on the kind of loan and the lender.

I’m only 25 and my mom has tanked my 700-plus credit score after falling behind on payments for an auto loan she had me co-sign when I was 18. How do I stop her from derailing my future? Sarah ...

A person walks past the U.S. Department of Education on March 20, 2025 in Washington, DC. Win McNamee/Getty Images What To Know To check your default status, you can log into StudentAid.gov with ...

Student loan default has ‘dramatic and immediate' credit score impact, expert says — with drop of up to 175 points By Jessica Dickler, CNBC • Published May 5, 2025 • Updated on May 5, 2025 ...

Since 2020, the average interest rate for an Exeter car loan jumped from 19% to nearly 22%, regulatory records show. Rates for Exeter borrowers with the lowest credit scores were nearly 30%.

Auto loan default rates are among the most useless of economic indicators. But because a car is easier to imagine than a current account or a unit of labour, we keep getting excited about them anyway.

More Americans are defaulting on their car loans due to larger loan amounts, high interest rates, increased living costs and more. The number of borrowers who fell more than 90 days behind on ...

Here’s what you can expect if you default on your car loan. You’ll incur late fees. When you miss an auto loan payment or make a late payment, you’re typically required to pay a late fee.