default rates
Nonpayment occurrence percentages
Default rates measure how often borrowers fail to repay loans as agreed.
Banks, credit agencies, and investors track default rates to assess risk across loan portfolios, bond issues, or entire markets: Rising default rates signal economic trouble.
The rate typically represents the percentage of loans that have gone unpaid over a specific period: Credit card default rates hit 3.5% last quarter.
- missed paymentsDebts not settled on time
- delinquencyCriminal or neglectful behavior
- foreclosureLender seizes mortgaged property
- bankruptcyLegal status when insolvent
- creditRecognition or payment deferral
credit score · loans · mortgages · subprime · arrears · nonpayment · risk · lenders · debt · too big to fail · collection · writeoff · junk bonds · interest · collateral · insolvency · debt spiral · bad debt
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