"Default rates" refer to the percentage of borrowers who fail to repay their loans according to the agreed terms. It shows the number of people who default or do not fulfill their financial obligations.
Full definition
This massive increase in
default rate of loans affected all the parties involved.
Another reason why payday loan companies charge hefty fees is the comparatively high
default rate for payday loans.
That is cause for some concern given the high
default rates on loans issued those years that are still working their way through the system.
Often colleges with low
loan default rates will be able to get better loan discounts and interest rates on their loans, especially from private student loan programs.
You're also ignoring the aspect that student loans have the
lowest default rate of any loan type because they can never be discharged.
This was a new product, a new risk, and so the rating agencies looked at resident mortgage
default rates in the past.
May data showed a decline in the composite index, led by a 26 basis point drop in first
mortgage default rates.
That might seem small at first glance, but relative to the current three - year
cohort default rate of approximately 11 percent, it is a substantial change.
Their proposal was effectively to fine colleges
with default rates above 15 % and force them to pay back the government 5 % of the total loan amount in default.
Long story short, there has been a startling increase in the number of scams as
default rates rise.
In addition, the lower
default rates among those who can meet higher down payment requirements may have little to do with the «skin in the game» argument.
By keeping bonds in the benchmark even when a default occurs, the index has become a living timeline, allowing us to track the municipal
bond default rate.
The previous post on credit card
issuer default rates deliberately avoids the question of ethics in lending.
Learn about two high - yield bond ETFs that could be adversely affected if the trend of increasing
corporate default rates continues.
The contraction has had a marked effect on Brazilian banking, and in particular on loan portfolios that continue to reflect higher
borrower default rates.
Are the public college
default rates also split between in - state and out of state students?
I think they are doing this
because default rates are high and they are doing everything they can to grab money quick.
This leads to higher recovery rates than common stock, while at the same time offering much lower
default rates compared to high - yield bonds.
All rating agencies should be required to
disclose default rates on all classes of securities that they've rated.
However,
when default rates rise as they did in 2008 - 2010, high levels of debt can quickly become a major liability.
This helps the company
keep default rates low which, in turn, allows them to offer competitive interest rates.
And that time may be sooner than most think as the latest student loan
default rate stands at about 10 %.
It is a good idea to check for fees and rates that apply,
including default rates, foreign currency conversion, minimum payment, etc..
This, the commenter suggests, will
affect default rates and debt - to - earnings measurements, even if program quality and outcomes remain constant.
That would
put default rates above where they were during the worst part of the last economic recession.
Back in 2011, as we were just recovering from the worst of the Great Recession, many organizations were looking for the cause of the
massive default rate on mortgages.
Phrases with «default rates»