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Glossary Of Terms - Default
Saturday, February 4th, 2012
Default
Default - A failure to perform a legal duty. For example, a default on a mortgage or car loan happens when you fail to make the loan payments on time, fail to maintain adequate insurance or violate some other provision of the agreement.



  • Foreclosure
  • Garnishment
  • Grace Period
  • Guarantor
  • Interest
  • Lien
  • Loan Consolidation
  • Principal
  • Repossession
  • Secured Debt
  • Unsecured Debt




  • Debt Cafe consolidation form more info on consolidating debts contact Debt Cafe Consolidation Services Debt Cafe faith page Debt Cafe family page Debt Consolidating loans tools for consolidating