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 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 ...

Financial hardships resulting from certain circumstances can put an individual in a spot of bother. It can result from job loss, accident, hospitalisation, financial mismanagement, etc. It can lead to ...

Contracts outline the things all parties to a contract must do, and each party's actions hinges on another party's actions. For example, a business that contracts with a waste removal company might ...

NEW YORK — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal student ...

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 ...