Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. Here's what you need to know.

If you default on your credit card debt, the issuer may send ... founder of Generations Insurance & Financial Services. "As long as you stay in consistent contact with them and take advantage ...

The cost to insure Argentine debt against default soared as much as 576 basis points, or 5.76 percentage points, to 1,534 basis points after the ruling. Credit-default swaps pay the buyer face ...

Defaulting on a personal loan can severely impact your credit score, lead to legal action, attract challenging penalties, and ...

And so the best way to manage it is to buy protection, or like buying insurance from another party. [Let's go back to the] mid-1990s, with the creation of the credit default swap. Who came up with ...

"The seller of the CDS is like an insurance company — it collects premiums for selling credit default swaps and then hopes that the amounts it pays out on defaults that occur cost less than the ...